New York A00536 mandates that insurance policies include a summary detailing key terms.

New York A00536 requires insurance policies to include a summary that specifies the limits of insurance, the term of the policy, the amount of premium, and the amount of deductibles. This summary must be printed in red font and in a typeface of no less than sixteen point type. The superintendent of financial services will issue regulations specifying the wording, filing, and approval requirements for this summary. An advisory committee will be appointed to review public comments and recommend content for these regulations.

New York A00536 mandates that insurance policies include a summary detailing key terms.

New York A00536 requires insurance policies to include a summary that specifies the limits of insurance, the term of the policy, the amount of premium, and the amount of deductibles. This summary must be printed in red font and in a typeface of no less than sixteen point type. The superintendent of financial services will issue regulations specifying the wording, filing, and approval requirements for this summary. An advisory committee will be appointed to review public comments and recommend content for these regulations.