CT Insurance Bulletin HC-32
Group Insurance Agents Licensed In This State
STATE OF CONNECTICUT
INSURANCE DEPARTMENT
Bulleti n HC- 3 2
July 15, 198 3
TO:
ALL INSURANCE AGENTS LICENSED IN THIS STATE
SUBJECT:
GROUP INSURANCE TRUSTS AND ASSOCIATIONS
It has come to our attention that agents who are licensed by
this Department have been involved in the sale of group insurÂ
ance coverage to Connecticut residents through insurance
trusts and associations that are located and administered outÂ
side of the State of Connecticut.
In each of the situations that have been brought to our attenÂ
tion, the plan of insurance has not been approved by this
Department.
The purpose of this bulletin is to advise that disciplinary
action will be taken against all agents who are involved in
the solicitation of these unapproved forms.
Said action could
take the form of a fine, suspension or revocation of license.
A group plan being sold by an agent licensed by this state
must be approved by this Department prior to any solicitation
of Connecticut residents.
The out-Of-state situs of the trust or association may not be
used as the basis for the solicitation of unapproved forms.
Any agent who is in doubt as to whether or not a group plan
has been approved by the Department should call (203) 566Â
5222.
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~~;;r w. Gillie~
Insurance Commissioner
Phone:
165 Capitol Avenue
•
Hartford, CT 06106
An Equal Opportunity Employer