Md. Code Regs. 31.14.03.04

Current through Register Vol. 51, No. 24, December 2, 2024

Section 31.14.03.04 - Filing Requirements for Certification

A carrier seeking certification of a long-term care insurance policy to a partnership policy status shall file the following with the Commissioner:

A. Proof of prior approval of the long-term care insurance policy in accordance with COMAR 31.04.17, provided in the following manner:

(1) If the long-term care insurance policy that the carrier intends to use or market as a partnership policy in Maryland was approved by the Commissioner within 3 years before the date the carrier files for its certification as a partnership policy, the carrier shall provide the form number and date of approval of the previously approved long-term care insurance policy; or

(2) If the long-term care insurance policy that the carrier intends to use or market as a partnership policy was approved by the Commissioner more than 3 years before the date the carrier files for its certification as a partnership policy, the carrier shall provide a copy of the previously approved long-term care insurance policy, including the date of its approval;

B. A copy of the previously approved long-term care insurance policy schedule page or certificate schedule page with the disclosure notice required by Regulation .05B of this chapter;

C. The form number and date of approval of the application that the carrier intends to use with the partnership policy in Maryland, which meets the requirements of Regulation .06 of this chapter;

D. A copy of the disclosure notice that the carrier intends to use to satisfy the requirements of Regulation .05C of this chapter; and

E. A copy of the policy summary that the carrier intends to use to satisfy the requirements of Regulation .08 of this chapter.

Md. Code Regs. 31.14.03.04

Regulation .04 amended effective March 22, 2010 (37:6 Md. R. 481)