Administrative Code

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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 200. Rules Governing Long-Term Care Insurance

14VAC5-200-10. Purpose.

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.

Statutory Authority

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

Historical Notes

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

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