Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 10. Life, Accident and Health |
Subchapter 5. Minimum Standards; Contract Guidelines |
Part 5. LONG-TERM CARE INSURANCE |
SECTION 365:10-5-40. Purpose
Latest version.
- The purpose of this Part is to implement 36 O.S. §4421 et seq., to promote the public interest, to promote the availability of long-term care insurance coverage, to protect applicants for long-term care insurance, as defined, from unfair or deceptive sales or enrollment practices, to facilitate public understanding and comparison of long-term insurance coverages, and to facilitate flexibility and innovation in the development of long-term care insurance.