Sec. 38a-640. (Formerly Sec. 38-232). Forms of certificates to be filed with the commissioner. Approval.
Sec. 38a-640. (Formerly Sec. 38-232). Forms of certificates to be filed with the
commissioner. Approval. (a) No domestic, foreign or alien society authorized to do
business in this state shall issue or deliver in this state any certificate or other evidence
of any contract of accident insurance or health insurance or of any total and permanent
disability insurance contract unless and until the form thereof, together with the form
of application and all riders or endorsements for use in connection therewith, have been
filed with the commissioner and approved by him as conforming to regulations adopted
by him and as not inconsistent with any other provision of law applicable thereto.
(b) The commissioner shall adopt regulations in accordance with the provisions of
chapter 54, establishing a procedure for review of such contracts. If the commissioner
finds that any such contract or endorsement is not in accordance with any provision of
law, he shall issue an order disapproving the use of such form and stating his reasons
therefor. The provisions of section 38a-19 shall apply to any such order issued by the
commissioner. The commissioner may approve any such form which in his opinion
contains provisions on any one or more of the several requirements made by him which
are more favorable to the members than the one or ones so required.
(c) Pursuant to the foregoing provisions the commissioner may, from time to time,
adopt, alter and supersede reasonable regulations prescribing the required, optional and
prohibited provisions in such contracts, and such regulations shall conform, as far as
practical, to the provisions of sections 38a-482 and 38a-483. When the commissioner
deems the provisions of the foregoing sections inapplicable, either in part or in their
entirety, he may prescribe the portions or summary thereof of the contract to be printed
on the certificate issued to the member.
(1957, P.A. 448, S. 21; P.A. 88-326, S. 7; P.A. 90-243, S. 139.)
History: P.A. 88-326 required the commissioner to adopt regulations establishing a procedure for policy review and
rephrased existing provisions; P.A. 90-243 divided section into Subsecs. and substituted "foreign" for "nonresident" and
"alien" for "foreign" societies; Sec. 38-232 transferred to Sec. 38a-640 in 1991.