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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 154 LONG-TERM CARE INSURANCE
§ 8097 Authority to adopt rules


8 VT Stats § 8097. (2011 through Adj Sess) What's This?

§ 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.)

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