Ala. Admin. Code r. 482-1-091-.01

Current through Register Vol. 42, No. 10, July 31, 2024

Section 482-1-091-.01 - Purpose

The purpose of this chapter is to implement the Alabama Long-Term Care Insurance Policy Minimum Standards Act (Article 3, Chapter 19, Title 27, beginning with Section 27-19-100, Code of Ala. 1975), to promote the public interest, to promote the availability of long-term care insurance coverage, to protect applicants for long-term care insurance, as defined, from unfair or deceptive sales or enrollment practices, to facilitate public understanding and comparison of long-term care insurance coverages, and to facilitate flexibility and innovation in the development of long-term care insurance.

Author: Reyn Norman, Associate Counsel

New Rule: June 14, 1991; effective October 1, 1991. Revised: August 16, 2000; effective January 1, 2001. Filed for codification in the Alabama Administrative Code by the Department of Insurance on January 17, 2003, pursuant to the Code of Ala. 1975, § 27-7-43.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-19-100, etseq.