Pennsylvania Code › Title 31 - INSURANCE › Part IV - Life Insurance › Chapter 89b - APPROVAL FOR LIFE INSURANCE, ACCIDENT AND HEALTH INSURANCE AND PROPERTY AND CASUALTY INSURANCE FILING AND FORM › GENERAL FILING PROVISIONS › Section 89b.5 - Letter of submission

Current through Register Vol. 54, No. 28, July 13, 2024
The letter of submission shall be in duplicate for hard
					 copy filings, shall clearly identify the insurer whose name appears on the
					 forms and the filer, and shall be sent to the appropriate bureau director in
					 the Office of Rate and Policy Regulation under the requirements of §
										89b.4(e)
					 (relating to general filing procedure). Only one copy of the letter of
					 submission is necessary for electronic submissions. The letter shall contain at
					 least all of the following information for each form submitted:
(1) The identifying form number.
				  Additionally, if the form is other than a policy, contract or certificate, the
				  form number of the policy, contract or certificate with which it will be used,
				  and the date approved by or filed with the Department, or if not approved or
				  filed, the date last submitted to the Department, or if for more general use,
				  the type or group of the forms shall be described. If the form is a group
				  certificate, the form number of the group master policy with which it will be
				  used, and the date the group master policy was approved by or filed with the
				  Department, or if not approved or filed, the date last submitted to the
				  Department, or if the certificate is for general use, the types of group master
				  policies with which it will be used.
(2) A designation of the general type of form
				  submitted; for example, policy, contract, certificate, rider, endorsement,
				  amendment, agreement, application, insert page or other general type.
(3) A brief statement of the specific type of
				  insurance or annuity benefit coverage provided by the form. If the form does
				  not provide insurance or annuity benefit coverage, a brief statement of the
				  specific purpose of the form.
(4)
				  If the form contains any provision, condition, feature or concept that departs
				  from those generally used by the industry and that could be construed as new,
				  innovative, uncommon or unusual, a statement to this effect and an explanation
				  of the specific purpose of the provision, condition, feature or
				  concept.
(5) An explanation of the
				  marketing method, if the method of marketing of the form departs from the
				  direct sales approach or employs a new concept.
(6) If the form is a new one, not replacing
				  an existing form, a statement to that effect.
(7) If the form is intended to replace
				  another form, the form number of the form to be replaced, the date that the
				  form was approved by or filed with the Department, and a statement of the
				  changes made to the form to be replaced.
(8) For group insurance policy forms, a brief
				  description of the type of entity to which the group policy will be issued; for
				  example, discretionary group, association, out-of-State trust.
(9) The amount of the filing fee included
				  with the submission or the amount that will be billed to the insurer.
This section cited in 31 Pa. Code §
												90c.2 (relating to general
						provisions); 31 Pa. Code §
												90d.2 (relating to general
						provisions); 31 Pa. Code §
												90e.2 (relating to general
						provisions); 31 Pa. Code §
												90f.2 (relating to general
						provisions); 31 Pa. Code §
												90g.2 (relating to general
						provisions); and 31 Pa. Code §
												90h.2 (relating to general
						provisions).