Florida Regulations 69B-157.121: Requirement to Deliver Shopper’s Guide
Current as of: 2024 | Check for updates
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(1) A long-term care insurance shopper’s guide in the format developed by the National Association of Insurance Commissioners (2001), which is incorporated herein by reference, or a guide developed by the Office of Insurance Regulation, shall be provided to all prospective applicants of a long-term care insurance policy or certificate.
(a) An agent shall 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 shall be presented in conjunction with any application or enrollment form.
(2) Life insurance policies or riders meeting the conditions of subsection 69O-157.113(9), F.A.C., containing accelerated long-term care benefits are not required to furnish the above referenced guide, but shall furnish the policy summary required under Florida Statutes § 626.99
Rulemaking Authority 624.308(1), 626.9611, 627.9407(1), 627.9408 FS. Law Implemented 624.307(1), 626.9541(1)(a), 627.9402, 627.9407(1), 627.9408 FS. History-New 1-13-03, Formerly 4-157.121.
(b) In the case of direct response solicitations, the shopper’s guide shall be presented in conjunction with any application or enrollment form.
(2) Life insurance policies or riders meeting the conditions of subsection 69O-157.113(9), F.A.C., containing accelerated long-term care benefits are not required to furnish the above referenced guide, but shall furnish the policy summary required under Florida Statutes § 626.99
Rulemaking Authority 624.308(1), 626.9611, 627.9407(1), 627.9408 FS. Law Implemented 624.307(1), 626.9541(1)(a), 627.9402, 627.9407(1), 627.9408 FS. History-New 1-13-03, Formerly 4-157.121.