An insurer must provide a policy summary to a prospective insured before the prospective insured is required to pay for the policy or to sign a contract for the policy.
A policy summary is a document that provides a brief overview of the coverage and benefits of an insurance policy, as well as any exclusions or limitations. It is intended to help the prospective insured understand the policy and make an informed decision about whether to purchase it. By providing the policy summary before the prospective insured is required to pay or sign a contract, the insurer is giving the prospective insured the opportunity to review the policy and ask any questions they may have before making a commitment.