Obligaciones de las aseguradoras en solicitudes directas

Sec. 1114.055. DUTIES OF INSURERS REGARDING DIRECT RESPONSE SOLICITATIONS. (a) In the case of an application initiated as a result of a direct response solicitation, the insurer shall require submission of a statement asking whether the applicant, by applying for the proposed policy or contract, intends to replace, discontinue, or change an existing policy or contract. The statement may be included with, or submitted as part of, each completed application for a policy or contract. If the applicant indicates a replacement or change is not intended or if the applicant fails to respond to the statement, the insurer shall send the applicant, with the policy or contract, a notice, in a form adopted or approved by the commissioner, regarding replacement. (b) If the insurer has proposed the replacement or if the applicant indicates a replacement is intended and the insurer continues with the replacement, the insurer shall: (1) provide to the applicant or prospective applicant, with the policy or contract, a notice adopted or approved by the commissioner; and (2) comply with the requirements of: (A) Section 1114.053(c), if the applicant furnishes the names of the existing insurers; and (B) Sections 1114.053(d), (e), and (f). (c) In a situation described by Subsection (b)(1), the insurer may use a notice that deletes references to the agent, including the agent's signature, and references not applicable to the product being Statute text rendered on: - 1861 - 10/18/2024 INSURANCE CODE