In addition to any other penalties provided by the laws of this state, any insurer and any agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of this insurance shall be subject to a fine of up to three times the amount of any commissions paid for each policy involved in the violation or up to ten thousand dollars ($10,000), whichever is greater.
Structure Code of Alabama
Chapter 19 - Disability Insurance Policies.
Article 3 - Long-Term Care Insurance Policy Minimum Standards.
Section 27-19-100 - Purpose of Article.
Section 27-19-101 - Applicability of Article.
Section 27-19-102 - Short Title.
Section 27-19-103 - Definitions.
Section 27-19-104 - Coverage Under Policy Issued in Other State.
Section 27-19-106 - Effect of Misrepresentation; Field Issuance.
Section 27-19-107 - Nonforfeiture Benefits.
Section 27-19-108 - Promulgation of Rules and Regulations.