Chapter 72C — Readability of Insurance Policies Act

72C.01 Citation This section gives the official name of the law: the 'Readability of Insurance Policies Act.' It covers sections 72C.01 … 72C.02 Purpose This section explains the goal of the law: to make insurance policies readable and understandable to average people. … 72C.03 Scope This section says which insurance policies must follow the readability rules. It applies to most types of insurance sold … 72C.04 Definitions This section defines important terms used in the insurance readability law, such as commissioner, Flesch scale … 72C.05 Cover Sheet This section required insurance policies issued between 1978 and when full readability standards took effect to include … 72C.06 Readability This section requires all insurance policies to be written in language that is easy to read and understand by a person … 72C.07 Legibility This section requires insurance policies to be printed in legible type (at least ten-point size) in a style approved by … 72C.08 Format Requirements This section requires insurance policies to be organized in a logical, clear, and understandable way. Policies must … 72C.09 Flesch Scale Analysis Readability Score, Procedures This section explains how to calculate a Flesch readability score for insurance policies. The score measures how easy a … 72C.10 Filing Requirements; Duties of Commissioner This section requires insurance companies to file their policies with the commissioner for readability approval before … 72C.11 Application of Filing Requirements; Duties of Commissioner This section sets the dates when different types of insurance policies must comply with the readability requirements. … 72C.12 Commissioner's Powers and Duties This section gives the commissioner of commerce the authority to create rules to carry out the purpose of the insurance … 72C.13 Construction This section says the readability law does not override other insurance regulations, except when those regulations …