408:4 Form Review.

I. No policy, contract, certificate, document, or other form related to life insurance or annuities shall be issued or delivered to any person in this state until a copy thereof has been submitted to the commissioner for review to determine whether it is in compliance with Title XXXVII and rules adopted thereunder. II. The commissioner may, within 30 days after the filing of any such form, disapprove such form: (a) If it contains a provision or provisions which are unjust, unfair, inequitable, misleading, deceptive, or encourage misrepresentation of such policy; or (b) If it does not comply with the requirements of Title XXXVII or rules adopted thereunder. III. If the commissioner disapproves a form, it shall be unlawful thereafter for the insurer to issue the form or use it in connection with any policy, contract, or certificate. The commissioner shall issue a notice of disapproval, specify the reasons for disapproval in the notice, and state that a hearing shall be granted in accordance with RSA 400-A:17 upon request in writing by the insurer.