US Laws, Codes, Statutes & Cases

     72C.06 Readability. 

    Subdivision 1.    Requirement.  All insurance policies filed 
 with the 
 commissioner pursuant to section 72C.11 shall be written in 
 language easily readable and understandable by a person of 
 average intelligence and education. 

    Subd. 2.    Compliance factors.  In determining whether a policy 
 or contract is 
 readable within the meaning of this section the commissioner 
 shall consider, at least, the following factors: 

    (a) the simplicity of the sentence structure and the 
 shortness of the sentences used; 

    (b) the extent to which commonly used and understood words 
 are employed; 

    (c) the extent to which legal terms are avoided; 

    (d) the extent to which references to other sections or 
 provisions of the contract are minimized; 

    (e) the extent to which definitional provisions are 
 incorporated in the text of the policy or contract; and 

    (f) any additional factors relevant to the readability or 
 understandability of an insurance policy or contract which the 
 commissioner may prescribe by rule. 

    HIST: 1977 c 345 s 6 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.