Section 10. Purpose  


Latest version.
  • This chapter is designed to:

    1. Promote the public interest;

    2. Promote the availability of long-term care insurance coverage;

    3. Protect applicants for long- term care insurance from unfair or deceptive sales or enrollment practices;

    4. Promote public understanding and comparison of long-term care insurance coverage; and

    5. Promote flexibility and innovation in the development of long-term care Insurance.

Historical Notes

Derived from Regulation 40, Case No. INS910239, § 2, eff. January 1, 1992.

Statutory Authority

§§ 38.2-223 and 38.2-5200 through 38.2-5208 of the Code of Virginia.