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2024 Delaware Code
Title 18 - Insurance Code
Chapter 67B. Line-of-Duty Disability Policies for Certain Emergency Responders
§ 6707B. Source of funding and administration of such policy.
Universal Citation:
18 DE Code § 6707B (2024)
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§ 6707B. Source of funding and administration of such policy.
(a) Administration of this policy and funding will be through the Insurance Coverage Office. A separate budget line will be established in which the funds will be transferred from the State Treasurer to the Insurance Coverage Office, pursuant to § 705(f) of this title, who will be responsible for paying the premium for the policy. In any policy year, should the amounts transferred pursuant to § 705(f) of this title be insufficient to fund the premium for the policy, the Fund as defined in § 6501 of this title will make up the short fall.
(b) The Insurance Coverage Office will submit a copy of a quarterly stewardship report to the State Fire Commission and the Department of Insurance for their review.
83 Del. Laws, c. 123, § 1;
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