38a-465-10

Regulations of Connecticut State Agencies


Sec. 38a-465-10. Disclosure requirements

(a) A disclosure document containing the disclosures required in section 38a-465f of the Connecticut General Statutes and sections 38a-465-1 to 38a-465-10, inclusive, of the Regulations of Connecticut State Agencies shall be provided before or concurrent with taking an application for a viatical settlement contract.

(b) The disclosure document shall contain the following language "all medical, financial or personal information solicited or obtained by a viatical settlement company or viatical settlement broker about a viator and an insured, including the viator and insured's identity of family members, a spouse or a significant other, is confidential."

(c) The disclosed information required in section 38a-465f of the Connecticut General Statutes and sections 38a-465-1 to 38a-465-10, inclusive, of the Regulations of Connecticut State Agencies shall not be disclosed in any form to any person, unless disclosure: (1) is necessary to effect the viatical settlement; (2) is for an insurer to determine its obligation or responsibility under a policy or certificate and the viator and the insured have provided written consent; or is permitted by law to be disclosed.

(Adopted effective March 1, 2000)