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Public Act Number: 442
Public Act Year: 2006
Document Type(s): MCLs
(15 results found)
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Document Type Description
Section 500.1204a Section Qualification as registered insurance producer program of study; criteria; conducting portion of minimum number of classroom hours of instruction; rules; recommendations for improvements in course materials; failure to maintain reasonable standards; refusal by director to approve insurance education instructor; probation, suspension, or revocation of approval.
Section 500.1204c Section Insurance producer's hours of study; review; continuing education requirements; program of study; approval; fee; hearing; revocation; filing certificate of attendance or instruction; waiver; reciprocal agreements; fees; grace period; sale of business and failure to meet continuing education requirements; cancellation of license; review date of applicable 2-year period; access to classroom; refusal to approve education instructor; probation, suspension, or revocation of approval; definitions.
Section 500.1204f Section Long-term care insurance; requirements for sale, solicitation, or negotiation by individual; delivery or issuance by insurer; 1-time training course; requirements.
Section 500.3906 Section Designation of person to receive notice of termination; reinstatement of coverage; effective date of section.
Section 500.3910 Section Option of purchasing policy or certificate including nonforfeiture benefits; offer.
Section 500.3910a Section Nonforfeiture benefits; coverage elements, eligibility, benefit triggers, and benefit length; contingent benefit; premium increase; notification; duties of insurer; limitation on maximum benefits; effective date of section; premiums subject to loss ratio requirements; conditions for offering nonforfeiture benefit.
Section 500.3910b Section Reduction options; applicability of section to long-term care policies and certificates issued on or after June 1, 2007.
Section 500.3915 Section Certain conditions prohibited.
Section 500.3925 Section Applicability of section to long-term care policy or certificate issued on or after June 1, 2007; information to be provided on forms; acknowledgment of disclosure; notice of premium rate schedule increase; personal worksheet; availability of free and independent insurance purchasing and public benefits counseling.
Section 500.3926 Section Applicability of section to long-term care policy or certificate issued on or after June 1, 2007; information to be provided to commissioner; premium rate schedule; statement; request by commissioner for actuarial demonstration; additional information.
Section 500.3926a Section Applicability of section to long-term care policy or certificate issued on or after June 1, 2007; notice of pending premium rate schedule increase; requirements; review and approval by commissioner; eligibility for contingent benefit upon lapse; applicability of subsections to certain policies or certificates; exceptional increases; definitions.
Section 500.3927 Section Reasonableness of benefits relative to premiums; expected loss ratio; evaluation of factors; applicability of section.
Section 500.3935 Section Statement relating to request for additional information.
Section 500.3941a Section Inapplicability of section to life insurance policies or riders containing accelerated benefits; development of suitability standards.
Section 500.3942 Section Marketing; duties of insurer; use of "level premium" or "noncancelable" prohibited; exception.