Filing, contents and delivery of disclosure.

1. Each corporation shall file with the Commissioner, for his or her approval, a disclosure summarizing the coverage provided by a group contract for hospital or medical service offered by the corporation. 2. The disclosure must: (a) Be in at least 10-point type; (b) Include the name, address and telephone number of the corporation; (c) Include the name, address and telephone number of the agent, broker and administrator, if applicable; (d) Include a statement describing the principal benefits and the type of coverage being provided; (e) Include a description of any provision of the contract which significantly excludes, eliminates, reduces or in any other manner operates to limit the payment of the benefits; (f) Include a statement concerning the renewal provisions of the contract; and (g) Define the term “usual and customary” or any similar term used in the contract. 3. The agent for the corporation, the corporation after a response to a direct-response solicitation or the broker representing the insured shall deliver the approved disclosure summary to the proposed policyholder as provided in NRS 695B.174 .