18 Del. Admin. Code § 1309-4.0

Current through Register Vol. 28, No. 5, November 1, 2024
Section 1309-4.0 - Non-cancelable or non-cancelable and guaranteed renewable group health policy defined
4.1 The terms "non-cancelable" or "non-cancelable guaranteed renewable" may be used only in a group health policy under which the policyholder has the right to continue coverage in force as to each covered person by the timely payment of premiums set forth in the policy (1) until that covered person has reached at least age 50, or (2) in the case of coverage becoming effective as to a covered person after age 44, for at least five years from the date coverage becomes effective, during which period the insurer has no right to make unilaterally any change in any provision of the policy as to that covered person while the policy is in force.

18 Del. Admin. Code § 1309-4.0