Title 26.1 — Insurance
118 chapters · 1,472 sections in this title.
N.D.C.C. § 26.1-36.1-01 Medicare supplement policies - Definitions
1.6K chars
For purposes of this chapter: 1. "Applicant" means: a. In the case of an individual Medicare supplement policy or subscriber contract, the person who seeks to contract for insurance benefits. b. In the case of a group Medicare supplement policy or subscriber contract, the propose…
N.D.C.C. § 26.1-36.1-02 Standards for Medicare supplement policies
1.5K chars
1. The commissioner shall adopt reasonable rules to establish specific standards for provisions of Medicare supplement policies. The standards are in addition to and in accordance with applicable laws of this state, and may include coverage of: a. Terms of renewability. b. Initia…
N.D.C.C. § 26.1-36.1-03 Rulemaking authority
0.3K chars
The commissioner may adopt rules to establish standards for benefits, standard policies and optional benefit riders, claims payments, abusive marketing practices and compensation arrangements, and reporting practices for Medicare supplement policies.
N.D.C.C. § 26.1-36.1-04 Medicare supplement policy loss ratio standards
0.5K chars
Medicare supplement policies must return benefits to individual policyholders in the aggregate of not less than sixty-five percent of premium received. The commissioner shall adopt rules to establish minimum standards for Medicare supplement policy loss ratios on the basis of inc…
N.D.C.C. § 26.1-36.1-05 Medicare supplement policy disclosure standards
2.5K chars
1. To provide for full and fair disclosure in the sale of Medicare supplement policies, no Medicare supplement policy or certificate may be delivered or issued for delivery in this state unless an outline of coverage is delivered to the applicant at the time application is made. …
N.D.C.C. § 26.1-36.1-06 Medicare supplement policies - Notice of free examination
0.4K chars
Medicare supplement policies or certificates must have a notice prominently printed on or attached to the first page of the policy stating in substance that the applicant may return the policy or certificate within thirty days of its delivery and have the premium refunded if, aft…
N.D.C.C. § 26.1-36.1-07 Filing requirements for advertising
0.4K chars
Every insurer, health care service plan, or other entity providing Medicare supplement insurance or benefits in this state shall provide a copy of any Medicare supplement advertisement within ten days after its first use in this state whether through written, radio, or television…
N.D.C.C. § 26.1-36.1-08 Effect of policy not conforming to chapter
0.4K chars
A policy delivered or issued for delivery to any person in this state in violation of this chapter is valid but must be construed as provided in this chapter. When any provision in a policy subject to this chapter is in conflict with this chapter, the rights, duties, and obligati…
N.D.C.C. § 26.1-36.1-09 General penalty - License suspension or revocation
0.3K chars
Any person willfully violating any provision of this chapter or order of the commissioner made in accordance with this chapter is guilty of a class A misdemeanor. The commissioner may also suspend or revoke the license of an insurer or insurance producer for any such willful viol…