Maine Revised Statutes Title 24-A Sec. 2936 – Tie-in sales prohibited
Current as of: 2023 | Check for updates
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1. No insurer shall sell insurance pursuant to a mass marketing plan if:
A. Purchase of insurance available under such plan is contingent upon the purchase of any other insurance product or insurance service, or [PL 1973, c. 625, §146 (NEW).]
B. The purchase of any other insurance product or insurance service is contingent upon the purchase of insurance available under such plan. [PL 1973, c. 625, §146 (NEW).]
[PL 1973, c. 625, §146 (NEW).]
Terms Used In Maine Revised Statutes Title 24-A Sec. 2936
- 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
2. This section shall not be deemed to prohibit the reasonable requirement of safety devices, such as heat detectors, lightning rods, theft prevention equipment and the like.
[PL 1973, c. 625, §146 (NEW).]
SECTION HISTORY
PL 1973, c. 625, §146 (NEW).