The Commissioner shall disapprove any form filed under § 2712 of this title, or withdraw any previous effectiveness thereof, only on 1 or more of the following grounds:
(1) If it is in any respect in violation of or does not comply with this title.
(2) If it contains or incorporates by reference, where such incorporation is otherwise permissible, any inconsistent, ambiguous, or misleading clauses, or exceptions and conditions which deceptively affect the risk purported to be assumed in the general coverage of the contract.
(3) If it has any title, heading or other indication of its provisions which is misleading.
(4) If the benefits provided therein are unreasonable in relation to the premium charged, or if it contains any unjust, unfair or inequitable provision or provisions.
(5) If it contains a provision or provisions such as to encourage misrepresentation.
Structure Delaware Code
Chapter 27. THE INSURANCE CONTRACT
Subchapter I. Insurance Contracts Generally
§ 2704. Insurable interest; personal insurance.
§ 2705. Insurable interest; exception when certain institutions designated beneficiary.
§ 2706. Insurable interest; property.
§ 2707. Power to contract; purchase of insurance and annuities by minors.
§ 2708. Consent of insured; life, health insurance.
§ 2709. Alteration of application, life and health insurance.
§ 2710. Application as evidence.
§ 2711. Representations in applications.
§ 2712. Filing, approval of forms.
§ 2713. Grounds for disapproval.
§ 2715. Charter or bylaw provisions.
§ 2716. Execution of policies.
§ 2717. Underwriters' and combination policies.
§ 2718. Validity and construction of noncomplying forms.
§ 2721. Payment discharges insurer.
§ 2722. Forms for proof of loss to be furnished.
§ 2723. Minor may give acquittance.
§ 2724. Claims administration not waiver.
§ 2726. Exemption of proceeds, health insurance.
§ 2727. Exemption of proceeds—Group insurance.
§ 2729. Retention of proceeds of policy by company.
§ 2730. Collection of overpayments by health insurers and health plans.