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Terms Used In Maine Revised Statutes Title 24-A Sec. 2935

  • Mass marketing plan: means a method of selling property and casualty insurance wherein such insurance is offered to employees of particular employers or to members of particular associations or organizations or to persons grouped in other ways and the employer, association or organization has agreed to or otherwise affiliated itself with, or facilitated, the sale of such insurance to its employees or members and employees and includes without limitation such plans whether described as "mass merchandising" "group merchandising" "franchise merchandising" or "collective merchandising. See Maine Revised Statutes Title 24-A Sec. 2932
An insurer may not sell insurance pursuant to a mass marketing plan, if it is a condition of employment or of membership in an association, organization or other group that any employee or member purchase insurance pursuant to such plan, or if any employee or member is subject to any penalty by reason of the employee’s or member’s nonparticipation. [RR 2021, c. 1, Pt. B, §258 (COR).]
SECTION HISTORY

PL 1973, c. 625, §146 (NEW). RR 2021, c. 1, Pt. B, §258 (COR).