Dictionary of Insurance Terms: NAIC: model act for life and health insurance policy language simplification national association of insurance commissioners
NAIC: model act for life and health insurance policy language simplification national association of insurance commissioners
model state law of the NAIC that requires that the insurance policy contain language that meets a readability test (usually, the Flesch readability test that uses a formula approach to measure ease of reading), print used is subject to a minimum size, and a table of contents or index is to be included.
