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New Mexico Statutes Chapter 59A. Insurance Code § 59A-23A-13. Licensed producers; qualified state long-term care partnership program; disclosures

Current as of January 01, 2024 | Updated by FindLaw Staff

A. A licensed producer that sells or offers for sale an insurance plan, insurance policy, certificate of insurance or rider that is intended to qualify as qualified state long-term care partnership program insurance shall disclose the availability of qualified state long-term care insurance partnership program insurance and outline the requirements and benefits of participation in the qualified state long-term care insurance partnership program.

B. As used in this section:

(1) “licensed producer” means an agent, broker or reinsurance intermediary licensed pursuant to the applicable provisions of the Insurance Code; and

(2) “rider” means a long-term care coverage provision added to any type of insurance plan, insurance policy or certificate of insurance.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 59A. Insurance Code § 59A-23A-13. Licensed producers; qualified state long-term care partnership program; disclosures - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-59a-insurance-code/nm-st-sect-59a-23a-13/

Read this complete New Mexico Statutes Chapter 59A. Insurance Code § 59A-23A-13. Licensed producers; qualified state long-term care partnership program; disclosures on Westlaw. Westlaw subscription required.

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