N.H. Admin. Code Ins, ch. Ins 3600, pt. Ins 3601, app G

Current through Register No. 45, November 7, 2024
Appendix G

Long-Term Care Insurance

Replacement and Lapse Reporting Form

For the State of ________________________ For the Reporting Year of _____________________

Company Name: __________________________________ Due: June 30 annually

Company Address: __________________________________ Company NAIC Number: _________

Contact Person: ______________________________Phone Number: (___)____________

Instructions

The purpose of this form is to report on a statewide basis information regarding long-term care insurance policy replacements and lapses. Specifically, every insurer shall maintain records for each agent on that agent's amount of long-term care insurance replacement sales as a percent of the agent's total annual sales and the amount of lapses of long-term care insurance policies sold by the agent as a percent of the agent's total annual sales. The tables below should be used to report the ten percent (10%) of the insurer's agents with the greatest percentages of replacements and lapses.

Listing of the 10% of Agents with the Greatest Percentage of Replacements

Agent's Name Number of Policies Sold By This Agent Number of Policies Replaced By This Agent Number of Replacements As % of Number Sold By This Agent

Listing of the 10% of Agents with the Greatest Percentage of Lapses

Agent's Name Number of Policies Sold By This Agent Number of Policies Lapsed by This Agent Number of Lapses As % of Number Sold By This Agent

Company Totals

Percentage of Replacement Policies Sold to Total Annual Sales ____%

Percentage of Replacement Policies Sold to Policies In Force (as of the end of the preceding calendar year) ____%

Percentage of Lapses Policies to Total Annual Sales _____%

Percentage of Lapse Policies to Policies in Force (as of the end of the preceding calendar year) ____%

N.H. Admin. Code Ins, ch. Ins 3600, pt. Ins 3601, app G

The amended version of this appendix by New Hampshire Register Volume 35, Number 10, eff.2/13/2015 is not yet available.