Texas Administrative Code › Title 28 - INSURANCE › Part 1 - TEXAS DEPARTMENT OF INSURANCE › Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES › Subchapter Y - STANDARDS FOR LONG-TERM CARE INSURANCE, NON-PARTNERSHIP AND PARTNERSHIP LONG-TERM CARE INSURANCE COVERAGE UNDER INDIVIDUAL AND GROUP POLICIES AND ANNUITY CONTRACTS, AND LIFE INSURANCE POLICIES THAT PROVIDE LONG-TERM CARE BENEFITS WITHIN THE POLICY › Division 4 - PARTNERSHIP LONG-TERM CARE INSURANCE ONLY › Section 3.3873 - Filing Requirements for Long-Term Care Partnership Policies

Current through Reg. 49, No. 28; July 12, 2024
(a) Prior approval requirements. Each
					 long-term partnership policy or certificate, including any long-term care
					 partnership endorsement, that is to be delivered or issued for delivery in this
					 state must comply with the requirements specified in paragraphs (1) and (2) of
					 this subsection before being delivered or issued in this state.
(1) Each long-term care partnership policy,
					 certificate, or endorsement must be filed with the department and approved by
					 the commissioner in accordance with the requirements and procedures set forth
					 in Subchapter A of this chapter (relating to Submission Requirements for
					 Filings and Departmental Actions Related to Such Filings) and subsections (b)
					 and (c) of this section, as applicable.
(2) Each long-term care partnership policy,
					 certificate, or endorsement filing must include Form Number LHL570(LTC)
					 Long-Term Care Partnership Program Insurer Certification Form, as specified in
					 Figure: 28 TAC § 3.3873(a)(2)(F). The following requirements and
					 procedures apply to this certification form:
(A) The text in the certification form must
					 be in at least 10-point type and must follow the order of the information
					 presented in Figure: 28 TAC § 3.3873(a)(2)(F).
(B) The text in the certification form as
					 specified in Figure: 28 TAC § 3.3873(a)(2)(F) is mandated; the format for
					 the form is a recommended format. An insurer may format the mandated text in a
					 different format from that specified in Figure: 28 TAC § 3.3873(a)(2)(F)
					 if the insurer files the certification form for review and approval by the
					 commissioner.
(C) Any certification
					 form that is filed for approval pursuant to subparagraph (B) of this paragraph
					 must be filed no later than 60 days prior to use in any filing of a policy,
					 certificate or endorsement submitted pursuant to subsection (c) or (d) of this
					 section and is subject to the requirements and procedures set forth in
					 Subchapter A of this chapter.
(D)
					 Any certification form filed pursuant to subparagraph (B) of this paragraph
					 should be filed with the Texas Department of Insurance, Life and Health
					 Division, Filings Intake, MC-LH-LHL, P.O. Box 12030, Austin, Texas
					 78711-2030.
(E) Form Number
					 LHL570(LTC) may be obtained from the Texas Department of Insurance, Life and
					 Health Division, Life and Health Lines, MC-LH-LHL, P.O. Box 12030, Austin,
					 Texas 78711-2030, or from the department's website at
					 www.tdi.texas.gov/forms.
(F) A
					 representation of Form Number LHL570(LTC) Long-Term Care Partnership Program
					 Insurer Certification Form is as follows:
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