Delaware Code Title 18 Sec. 4202 – Purpose
Current as of: 2023 | Check for updates
|
Other versions
This chapter shall provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies and to provide an association to assess the cost of such protection among insurers.
18 Del. C. 1953, § ?4202; 57 Del. Laws, c. 437.;
Terms Used In Delaware Code Title 18 Sec. 4202
- Association: means the Delaware Insurance Guaranty Association created under § 4206 of this title. See Delaware Code Title 18 Sec. 4205