Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-157 - LONG-TERM CARE INSURANCE
Section 69B-157.121 - Requirement to Deliver Shopper's Guide

Universal Citation: FL Admin Code R 69B-157.121

Current through Reg. 50, No. 187; September 24, 2024

(1) A long-term care insurance shopper's guide in the format developed by the National Association of Insurance Commissioners (2001), which is incorporated herein by reference, or a guide developed by the Office of Insurance Regulation, shall be provided to all prospective applicants of a long-term care insurance policy or certificate.

(a) An agent shall deliver the shopper's guide prior to the presentation of an application or enrollment form.

(b) In the case of direct response solicitations, the shopper's guide shall be presented in conjunction with any application or enrollment form.

(2) Life insurance policies or riders meeting the conditions of subsection 69O-157.113(9), F.A.C., containing accelerated long-term care benefits are not required to furnish the above referenced guide, but shall furnish the policy summary required under section 626.99, F.S.

Rulemaking Authority 624.308(1), 626.9611, 627.9407(1), 627.9408 FS. Law Implemented 624.307(1), 626.9541(1)(a), 627.9402, 627.9407(1), 627.9408 FS.

New 1-13-03, Formerly 4-157.121.

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