Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 425 - LONG-TERM CARE INSURANCE
Section 031-425-1 - Purpose
Universal Citation: 02 ME Code Rules ยง 031-425-1
Current through 2024-38, September 18, 2024
The purposes of this rule are to implement the Long-Term Care Insurance law, 24-A M.R.S.A. §§5071 - 5083, to promote the public interest, to increase the availability of long-term care insurance coverage, to protect applicants for long-term care insurance from unfair or deceptive sales and enrollment practices, to facilitate public understanding and comparison of long-term care coverages, and to encourage flexibility and innovation in the development of long-term care insurance.
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