Transcription of LONG-TERM CARE INSURANCE MODEL ACT Table …
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LONG-TERM CARE INSURANCE MODEL ACT Table …
MODEL Regulation Service 1st Quarter 2017 2017 National Association of INSURANCE Commissioners 640-1 LONG-TERM CARE INSURANCE MODEL ACT Table of Contents Section 1. Purpose Section 2. Scope Section 3. Short Title Section 4. Definitions Section 5. Extraterritorial Jurisdiction Group LONG-TERM Care INSURANCE Section 6. Disclosure and Performance Standards for LONG-TERM Care INSURANCE Section 7. Incontestability Period Section 8. Nonforfeiture Benefits Section 9. Producer Training Requirements Section 10. Authority to Promulgate Regulations Section 11. Administrative Procedures Section 12. Severability Section 13. Penalties Section 14. Effective Date Section 1. Purpose The purpose of this Act is to promote the public interest, to promote the availability of LONG-TERM care INSURANCE policies, to protect applicants for LONG-TERM care INSURANCE , as defined, from unfair or deceptive sales or enrollment practices, to establish standards for LONG-TERM care INSURANCE , to facilitate public understanding and comparison of LONG-TERM care INSURANCE policies, and to facilitate flexibility and innovation in the development of LONG-TERM care INSURANCE c
Model Regulation Service—1st Quarter 2017 © 2017 National Association of Insurance Commissioners 640-1 LONG-TERM CARE INSURANCE MODEL ACT Table of …
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