50.13—Offer, purchase, and renewal.
An insurer is deemed to be in compliance with
the requirement of providing disclosure “at the
time of offer, purchase, and renewal of the
policy” under § 50.10(c) and (d) if the
insurer:
(a)
Makes the disclosure no later than the time
the insurer first formally offers to provide
insurance coverage or renew a policy for a current
policyholder; and
(b)
Makes clear and conspicuous reference back
to that disclosure, as well as the final terms of
terrorism insurance coverage, at the time the
transaction is completed.