(a) Insurance contracts shall contain such standard or uniform provisions as are required by the applicable provisions of this title pertaining to contracts of particular kinds of insurance. The Commissioner may waive the required use of a particular provision in a particular insurance policy form if:
(1) He or she finds such provision unnecessary for or unrelated to the protection of the insured and inconsistent with the purposes of the policy; and
(2) The policy is otherwise approved by him or her.
(b) No policy shall contain any provision inconsistent with or contradictory to any standard or uniform provision used or required to be used, but the Commissioner may approve any substitute provision which is, in his or her opinion, not less favorable in any particular to the insured or beneficiary than the provisions otherwise required.
(c) In lieu of the provisions required by this title for contracts for particular kinds of insurance, substantially similar provisions required by the law of the domicile of a foreign or alien insurer may be used when approved by the Commissioner.
(d) A policy issued by a domestic insurer for delivery in another jurisdiction may contain any provision required or permitted by the laws of such jurisdiction.
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.