N.D. Admin. Code 45-06-05-11

Current through Supplement No. 393, July, 2024
Section 45-06-05-11 - Requirement to deliver shopper's guide
1. A long-term care insurance shopper's guide in the format developed by the national association of insurance commissioners, or a guide developed or approved by the commissioner, must be provided to all prospective applicants of a long-term care insurance policy or certificate.
a. In the case of agent solicitations, an agent must 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 must be presented in conjunction with any application or enrollment form.
2. Life insurance policies or riders containing accelerated long-term care benefits are not required to furnish the above-referenced guide, but shall furnish the policy summary required under subsection 4 of North Dakota Century Code section 26.1-45-09.

N.D. Admin Code 45-06-05-11

Effective July 1, 1994.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-45