A person may not use a viatical settlement contract form or provide to a viator a disclosure statement form in this State unless it is first filed with and approved by the Commissioner. The Commissioner shall disapprove a viatical settlement contract form or disclosure statement form if, in the Commissioner's opinion, the contract or provisions contained therein fail to meet the requirements of §§ 7508, 7510, 7513, and 7514(b) of this title or are unreasonable, contrary to the interests of the public, or otherwise misleading or unfair to the viator. At the Commissioner's discretion, the Commissioner may require the submission of advertising material.
Structure Delaware Code
Chapter 75. DELAWARE VIATICAL SETTLEMENTS ACT
§ 7503. License and bond requirements.
§ 7504. License revocation and denial.
§ 7505. Approval of viatical settlements contracts and disclosure statements.
§ 7506. Reporting requirements and privacy.
§ 7507. Examination or investigations.
§ 7509. Disclosure to insurer.
§ 7512. Prohibited practices and conflicts of interest.
§ 7513. Advertising for viatical settlements.
§ 7514. Fraud prevention and control.
§ 7515. Injunctions; civil remedies; cease and desist.
§ 7516. Authority to promulgate regulations.
§ 7517. Unfair trade practices.
§ 7518. Nonpreemption of requirements under the Delaware Securities Act.