Del. Code tit. 18 § 512

Current through 2024 Legislative Session Act Chapter 531
Section 512 - Insuring combinations without additional capital funds

Without additional capital or additional surplus, an authorized insurer is also authorized:

(1) If a life insurer, to grant annuities or issue funding agreements;
(2) If a health insurer, to insure against congenital defects, as defined in § 906(a)(12) of this title;
(3) If a casualty insurer, to transact also health insurance. Except, that this provision shall not apply to a domestic insurer authorized to transact casualty insurance pursuant to § 511(a)(1) of this title.

18 Del. C. § 512

Amended by Laws 2015, ch. 268,s 1, eff. 6/22/2016.
18 Del. C. 1953, § 512; 56 Del. Laws, c. 380, § 1.;