State Codes and Statutes
Statutes > Maine > Title24a > Title24-Ach23sec0 > Title24-Asec2168-ATitle 24-A: MAINE INSURANCE CODE
Chapter 23: TRADE PRACTICES AND FRAUDS
§2168-A. Tie-in sales of insurance
1. Definition. As used in this section, "tie-in sales" means the practice of tying the sale of one product to another.
[ 1991, c. 49, (NEW) .]
2. Prohibited tie-in sales. In the purchase of insurance, tie-in sales are an unfair trade practice when:
A. The consumer is required to place additional coverage with an insurer not of the consumer's choice in order to obtain a desired coverage; and [1991, c. 49, (NEW).]
B. The consumer's alternative opportunities to purchase the desired coverage are severely limited or nonexistent. [1991, c. 49, (NEW).]
[ 1991, c. 49, (NEW) .]
3. Penalties. An insurance contract sold in violation of the provisions of this section is voidable at the option of the consumer. Violations of this section are enforceable through section 12-A.
[ 1991, c. 49, (NEW) .]
SECTION HISTORY
1991, c. 49, (NEW).
