Okla. Stat. tit. 15, § 15-141.13v1

A. No service warranty form or related form shall be issued or

used in this state unless the form has been filed with and approved

by the Insurance Commissioner.

B. Each filing of a form shall be made not less than thirty

(30) days in advance of its issuance or use. At the expiration of

thirty (30) days from date of filing, a form so filed shall be

deemed approved unless prior thereto it has been affirmatively

disapproved by written order of the Commissioner.

C. Each service warranty contract shall contain a cancellation

provision. In the event the contract is canceled by the warranty

holder, return of the provider fee shall be based upon ninety

percent (90%) of the unearned pro rata provider fee less the actual

cost of any service provided under the service warranty contract.

In the event the contract is canceled by the association, return of

premium shall be based upon one hundred percent (100%) of unearned

pro rata provider fee less the actual cost of any service provided

under the service warranty contract.

D. Service contracts shall state the name, address and license

number of the service warranty association and shall identify any

administrator if different from the service warranty association,

the service contract seller and the service contract holder to the

extent that the name of the service contract holder has been

furnished by the service contract holder. For service contracts

issued on and after July 1, 2017, the identity of the service

warranty association and its license number shall either be

preprinted on the service contract or added by printer at the time

Oklahoma Statutes - Title 15. Contracts Page 46

of sale so consumers can clearly identify the obligor of the service

contract. Information to be printed at the time of sale shall be

indicated as such at the time the service contract is filed for

approval and a "Jane Doe" specimen shall accompany the service

contract illustrating how the service contract will look after

printing.

E. The Commissioner shall disapprove any form filed pursuant to

this section if the form:

1. Violates the Service Warranty Act;

2. Is misleading in any respect; or

3. Is reproduced so that any material provision is

substantially illegible.

F. The Insurance Commissioner may, by order, exempt from the

requirements of this section for so long as he or she deems proper

any document or form or type thereof as specified in such order, to

which, in his or her discretion, this section may not practicably be

applied, or the filing and approval of which are, in his or her

opinion, not desirable or necessary for the protection of the

public.