Delaware § 7106 - Nonforfeiture benefit requirement.
Full text of Delaware Delaware Code § 7106 — Nonforfeiture benefit requirement., with citation guidance and answers to common questions.
§ 7106. Nonforfeiture benefit requirement.
(a) No insurer may issue or deliver a long-term care insurance policy in this State unless the insurer offers to the applicant the option to purchase a policy that provides for nonforfeiture benefits.
(b) The Insurance Commissioner shall promulgate rules and regulations which specify the types of nonforfeiture benefits to be included in the policies and certificates, the standards for the benefits and the date nonforfeiture benefits must commence.
70 Del. Laws, c. 351, § 1;Frequently Asked Questions About Delaware § 7106
What does Delaware Code § 7106 cover?
Section 7106 ("Nonforfeiture benefit requirement.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 7106?
A common citation format is "Delaware Code § 7106" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 7106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.