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An Act To Amend the Insurance Laws Governing the Provision of Rebates
Be it enacted by the People of the State of Maine as follows:
Sec. 1.  24-A MRSA §2160, sub-§3  is enacted to read:
 
3.  Services for free or less than fair market value.     This section does not prohibit a person from offering or providing services, whether or not the services are directly related to an insurance contract, for free or for less than fair market value as long as the receipt of the services is not contingent upon the purchase of insurance. A person that offers or provides services under this subsection for free or less than fair market value shall conspicuously disclose to the recipient before the purchase of insurance, receipt of a quote for insurance or designation of an agent of record that receipt of the services is not contingent on the purchase of insurance. A person may comply with this subsection by an oral or written disclosure.
 
SUMMARY
This bill amends the laws regarding rebates under life, health and annuity contracts and prohibiting unfair discrimination and rebates by property, casualty and surety insurers to allow a person to offer or provide services, whether or not the services are directly related to an insurance contract, for free or for less than fair market value as long as the receipt of the services is not contingent upon the purchase of insurance. It also requires a written or oral disclosure to be made to the recipient of the services that the services are not contingent on the purchase of insurance.