CT Insurance Bulletin HC-32

Group Insurance Agents Licensed In This State

SupersededYear: 1983Length: 232 wordsOfficial source
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 insur­ ance coverage to Connecticut residents through insurance trusts and associations that are located and administered out­ side of the State of Connecticut. In each of the situations that have been brought to our atten­ 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) 566­ 5222. ( _ ' 1 ~.. :v~&i:~~ ~~;;r w. Gillie~ Insurance Commissioner Phone: 165 Capitol Avenue • Hartford, CT 06106 An Equal Opportunity Employer
CT Insurance Bulletin HC-32: Group Insurance Agents Licensed In This State | Justis AI