Disclosure

R.I. Gen. Laws § 27-48-5., under Chapter 27-48 Business Transacted with Producer Controlled Insurer Act.

R.I. Gen. Laws § 27-48-5.

The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer; except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in his or her records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has notified or will notify the insured.