Automobile and Homeowners Insurance Senior Citizens Third Party Designation PUBLIC ACT No. 02-60 (This Bulletin rescinded and replaced by Bulletin PC-83)

Armorial Bearings STATE OF CONNECTICUT INSURANCE DEPARTMENT www.ct.gov/cid P.O. Box 816 Hartford, CT 06142-0816 An Equal Opportunity Employer Bulletin PC-51 July 23, 2002 TO: ALL PROPERTY & CASUALTY INSURERS AUTHORIZED FOR PERSONAL LINES INSURANCE PRODUCTS RE: Automobile and Homeowners Insurance Senior Citizens Third Party Designation Effective October 1, 2002, Public Act No. 02-60, AN ACT ALLOWING SENIOR CITIZENS TO DESIGNATE A THIRD PARTY TO RECEIVE CERTAIN CANCELLATION NOTICES, requires that personal lines automobile and homeowners insurers include a conspicuous statement with the policy specifying that any individual aged fifty-five or over may designate a third party to receive notice of cancellation or nonrenewal of the policy. For the purposes of this act, homeowners insurance includes policies insuring one to four family owner-occupied residences, apartments and condominiums. Click this Public Act No. 02-60 to view or go to http://www.cga.ct.gov/2002/act/Pa/2002PA-00060-R00HB-05641-PA.htm The act requires that the statement shall be in a form approved by the Insurance Commissioner. Connecticut Designation Form 1-2002 meets the act’s requirements and is approved for use by insurers. Use this link to view Connecticut Designation Form 1-2002. Insurers that provide the required statement using this form do not need to file their form for approval. Insurers have the flexibility to modify font and format or to include a company name and logo. Section 1.(a) of the act requires that insurers shall include a conspicuous statement to policyholders concerning third party designation. Statements issued in accordance with the following comply with this requirement: • If the policy term is six months or less, a third party designation statement must be included at least once each six months • If the policy term is annual or longer, a third party designation statement must be included on each policy annual renewal or anniversary date Section 1.(c) of the act requires that when a third party is designated, all such notices and copies shall be mailed to the policyholder and third party designee in an envelope clearly marked on its face with the following “IMPORTANT INSURANCE POLICY INFORMATION: OPEN IMMEDIATELY”. Sections 2, 3 and 4 of the act revise cancellation and nonrenewal statutes to provide for notice to a third party designee. A cancellation or nonrenewal notice is not effective if the company fails to give the required notice to the third party designee. Companies should review their procedures and bring them into compliance with Connecticut law. Please call the Property & Casualty Division at 860-297-3867, if you have any questions on this bulletin. CT Insurance Commissioner's signature Susan F. Cogswell Insurance Commissioner