Insurers providing Long-Term Care insurance shall maintain records, subject to Office review upon request, that before any producer sells, solicits or negotiates a long-term care insurance policy, that they receive necessary and sufficient training to understand partnership policies and their relationship to public and private coverage for long-term care.
Rulemaking Authority 624.308(1), 626.9611, 627.9407, 627.94075, 927.9408 FS. Law Implemented 624.307(1), 626.9541, 626.9641 FS. History-New 8-1-07.

Terms Used In Florida Regulations 69O-157.1155

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.