Title 18 — Insurance Code
83 chapters · 1,008 sections in this title.
18 Del. C. § 7101. Statement of purpose.
0.6K chars
§ 7101. Statement of purpose. The purpose of this chapter 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 in this chapter, from unfair or deceptive sales or enrollm…
18 Del. C. § 7102. Scope.
0.7K chars
§ 7102. Scope. The requirements of this chapter shall apply to policies delivered or issued for delivery in this State on or after January 1, 1990. This chapter is not intended to supersede the obligations of entities subject to this chapter to comply with the substance of other …
18 Del. C. § 7103. Definitions.
5.6K chars
§ 7103. Definitions. The following words, terms and phrases, when used in this chapter, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning: (1) “Applicant” shall mean: a. In the case of an individual long-term …
18 Del. C. § 7104. Extraterritorial jurisdiction; group long-term care insurance.
0.5K chars
§ 7104. Extraterritorial jurisdiction; group long-term care insurance. No group long-term care insurance coverage may be offered to a resident of this State under a group policy issued in another state to a group described in § 7103(4) of this title, unless this State or another …
18 Del. C. § 7105. Disclosure and performance standards for long-term care insurance.
9.5K chars
§ 7105. Disclosure and performance standards for long-term care insurance. (a) The Commissioner may adopt regulations that include standards for full and fair disclosure setting forth the manner, content and required disclosures for the sale of long-term care insurance policies, …
18 Del. C. § 7106. Nonforfeiture benefit requirement.
0.5K chars
§ 7106. Nonforfeiture benefit requirement. (a) No insurer may issue or deliver a long-term care insurance policy in this State unless the insurer offers to the applicant the option to purchase a policy that provides for nonforfeiture benefits. (b) The Insurance Commissioner shall…
18 Del. C. § 7107. Administrative procedures.
0.6K chars
§ 7107. Administrative procedures. The Commissioner shall issue reasonable regulations to establish minimum standards for marketing practices, agent compensation, agent testing, penalties and reporting practices for long-term care insurance, and any other rules and regulations ne…
18 Del. C. § 7108. Title.
0.2K chars
§ 7108. Title. This chapter shall be known and may be cited as the “Long-Term Care Insurance Act.”67 Del. Laws, c. 102, § 1; 70 Del. Laws, c. 351, § 1;
18 Del. C. § 7109. Penalties.
0.5K chars
§ 7109. Penalties. In addition to any other penalties provided by the laws of this State, any insurer or agent found to have violated any requirement of this State relating to the regulation of long-term care insurance or the marketing of such insurance shall be subject to a fine…