Section 3923.444 | Compensation of agents selling long-term care policies.
Effective:
September 10, 2007
Latest Legislation:
House Bill 100 - 127th General Assembly
(A) No agent or third-party administrator shall field issue a long-term care insurance policy or certificate if the compensation to the agent or third-party administrator is not based on the number of policies or certificates issued.
(B) As used in this section, "field issue" means to issue a policy or certificate pursuant to the underwriting authority granted to an agent or third-party administrator by an insurer using the insurer's underwriting guidelines.
Available Versions of this Section
- September 10, 2007 – House Bill 100 - 127th General Assembly [ View September 10, 2007 Version ]