Oklahoma § 36-4036 - Statement by applicant regarding notification of

Full text of Oklahoma Oklahoma Statutes § 36-4036 — Statement by applicant regarding notification of, with citation guidance and answers to common questions.

§ 36-4036. Statement by applicant regarding notification of

replacement to replaced insurer.

The statement referred to in the Life Insurance and Annuity

Policyholders Protection Act shall be delivered to the applicant for

a replacement life insurance policy or a replacement annuity policy

along with the notice provided for in Section 5 of the Life

Insurance and Annuity Policyholders Protection Act. The legal name

and address of the replacing insurer may be printed on the

statement. Said statement shall be in substance as follows:

STATEMENT BY APPLICANT REGARDING NOTIFICATION

OF REPLACEMENT TO THE REPLACED INSURER

I have read the "NOTICE TO APPLICANTS REGARDING REPLACEMENT OF

LIFE INSURANCE OR AN ANNUITY" which was furnished to me by the agent

taking the application for this policy.

(Applicant: Please sign ONE of the following statements.)

1. Please notify my present insurer(s) regarding this

transaction.

_______________________

_______________________

_

Date

Signature of Applicant

2. Please do not notify my present insurer(s) regarding this

transaction.

_______________________

________________________

Date

Signature of

Applicant

The signature of the applicant shall be that of the insured

unless someone other than the insured is the owner of the policy. If

Oklahoma Statutes - Title 36. Insurance

someone other than the insured is the owner of the policy, the owner

must sign. If the insured is under eighteen (18) years of age, the

parent is deemed to be the owner of the policy.

Certification by the agent:

I hereby certify that nothing was said or done during the sales

presentation to influence the decision of the applicant regarding

this statement.

________________________

_______________________

Date

Signature of Agent

__________________________

Insurance Agency or Agent

License Number

Added by Laws 1983, c. 80, § 6, eff. Nov. 1, 1983.

Frequently Asked Questions About Oklahoma § 36-4036

What does Oklahoma Statutes § 36-4036 cover?

Section 36-4036 ("Statement by applicant regarding notification of") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 36-4036?

A common citation format is "Oklahoma Statutes § 36-4036" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 36-4036 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.