N.M. Admin. Code § 13.10.15.47
Current through Register Vol. 35, No. 21, November 5, 2024
Section 13.10.15.47 - REQUIREMENT TO DELIVER SHOPPER'S GUIDEA. 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 Superintendent, shall be provided to all prospective applicants of a long-term care insurance policy or certificate. (1) In the case of agent solicitations, an agent must deliver the shopper's guide prior to the presentation of an application or enrollment form.(2) In the case of direct response solicitations, the shopper's guide must be sent with any application or enrollment form.B. Life insurance policies or riders containing accelerated long-term care benefits are not required to furnish the shopper's guide, but shall furnish the policy summary required by Section 59A-23A-6 NMSA 1978.N.M. Admin. Code § 13.10.15.47
1-1-99; 13.10.15.47 NMAC - Rn, 13 NMAC 10.15.44, 1-1-04