§431:12-105  Mass merchandisingrequirements.  Mass merchandising of insurance and every mass merchandisingplan shall be subject to the following conditions:

(1)  The insurance offered shall be open toparticipation by or be available to every employee of the employer who meetsthe underwriting requirements of the insurer.

(2)  The insurance shall be offered withoutdiscrimination against any employee as to rates, forms, or coverages.  Nothingherein shall preclude the establishment of different classes of risks.

(3)  Upon the termination of employment or upon thetermination of the mass merchandising agreement, an insured employee shall havethe option of continuing the employee's participation in a group policy or theemployee's individual policy then in force for a period of one year uponpayment of the applicable premium; provided that the employee shall exercisethe employee's option within thirty days following the date of thetermination.  The terms, conditions, and coverages for the one-year period arethose that were effective on the date of termination and shall not be morerestrictive than those contained in the mass merchandising agreement, the grouppolicy, or the individual policy in force immediately prior to the date oftermination.

(4)  The insurer shall issue a certificate or otherevidence of participation to every member covered under a group policy and apolicy of insurance to every member insured under an individual policy.

(5)  The insurance offered shall not be contingentupon the purchase of any other insurance, product, or service; nor shall thepurchase of any other insurance, product, or service be contingent upon thepurchase of the motor vehicle, property, and casualty insurance offered. [L1987, c 347, pt of §2; am L 2000, c 24, §11]