Print
The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
154
:
LONG-TERM CARE INSURANCE
§
8097. Authority to adopt rules
The Commissioner
shall adopt reasonable rules to promote premium adequacy and to protect the
policyholder in the event of substantial rate increases, and to establish
minimum standards for marketing practices, agent compensation, field issuance,
agent testing, penalties, and reporting practices for long-term care insurance.
(Added 2003, No. 124 (Adj. Sess.), § 2, eff. Jan. 1, 2005.)