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Notice Required on the Insurance Policy

Chartered and Foreign Risk Retention Groups shall include the following notice on an application form for insurance, as well as the front and declaration pages of a policy, in 10-point type:

"NOTICE
This policy is issued by your risk retention group. Your risk retention group may not be subject to all of the insurance laws and regulations of your state. State insurance insolvency guaranty funds are not available for your risk retention group."
Related Content
 •  How to become registered as a Foreign Risk Retention Group
 •  Financial Condition of the Risk Retention Group
 •  Conduct prohibited by a Risk Retention Group
 •  How to become chartered as a Risk Retention Group

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