(1) Each advertiser or insurer shall maintain a file containing advertisements for three years from the date last used including:
- (a) every printed, published, or prepared advertisement of the advertiser or insurer's individual policies;
- (b) every printed, published, or prepared advertisement of the advertiser or insurer's blanket, franchise, and group policies;
- (c) any advertisement disseminated in this state and any other state whether or not the insurer is licensed in the other state; and
(d) a notation attached to each advertisement that includes:
- (i) the manner and extent the advertiser or insurer distributed the advertisement; and
- (ii) the advertised insurance policy's form number.
- (2) Each advertiser or insurer shall maintain the file required in Subsection (1) at the advertiser or insurer's home office or principal office.
- (3) The file required in Subsection (1) is subject to the department's regular and periodic inspection.
KEY: insurance law
Date of Last Change: December 8, 2022
Notice of Continuation: August 18, 2025
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-402