Physical Facilities:

Physical Facilities: The direct or indirect solicitation or transaction of insurance business by an insurance company, agent, agency or representative of same, shall be restricted to the leased area. Accordingly, any insurance company, agent, agency or representative of same, entering into any contract, lease or other agreement with a lending institution shall abide by the following: A. All signs displayed in connection with the operation of the insurance company, agent, agency or representative of same shall have no indication of any relationship with the lending institution. A sign with the following disclaimer must appear at or directly adjacent to the Leased Area: “Insurance is offered by (name of Insurance Company, agency or agent). The (name of the Lending Institution) is neither an insurance company nor agency, and the insurance products offered are not FDIC/FSLIC insured.” Other signs may appear in the general banking area directing interested customers to the designated insurance area. The Commissioner of Insurance may order the removal of any signs or other promotional or advertising materials, the location, size, color or content of which violate the provisions of this regulation. B. The leased area by an insurance company, agent, agency or representative of same must be situated and individually identified from the other retail area of the lending institution who are conducting normal banking activities from express or implied intimidation or interference with the customers’ free choice regarding the purchase of insurance.