SECTION 365:10-1-16. Providing insurance policy information

(a)   An insurer shall provide to any insurance producer authorized to sell life insurance products, whose appointment has been terminated for any reason other than the reasons set forth in 36 O.S. § 1435.13 and who is still the agent of record or servicing agent and has not been replaced by another servicing agent upon termination, information relating to the policy of the person who purchased a product from such producer if the insured has signed a form authorizing the release of the information.

(b)   This requirement does not apply to any policy sold or serviced by the insurance producer while associated with the insurer's captive distribution system.

(c)   Insurers shall use the "Policy Holder's Authorization To Release Insurance Policy Information To Agent Of Record" specified in Appendix UU or a substantially form to comply with this requirement.

[Source: Added at 29 Ok Reg 1254, eff 7-14-12]