SB6-SA3,1,114 632.32 (5m) Notice of effect of certain provisions. An insurer that issues
5or renews a policy that is subject to this section and that contains a provision
6authorized under sub. (5m) (f) to (h) shall include in, or attach to, the policy a notice
7regarding the effect of the provision. The notice shall be written in language that is
8understandable to lay persons, shall adequately inform the insured that the effect
9of the provision may be to reduce the amount of coverage available to the insured if
10the provision were not included in the policy and shall explain how, and the
11circumstances under which, the provision reduces coverage.".