Minnesota Statutes
Chapter 62S — Qualified Long-term Care Insurance Policies
Section 62S.31 — Requirement To Deliver Shopper's Guide.

Subdivision 1. Shopper's guide. A long-term care insurance shopper's guide in the format developed by the National Association of Insurance Commissioners, or a guide developed or approved by the commissioner, shall be provided to all prospective applicants of a long-term care insurance policy or certificate:
(1) in the case of agent solicitations, an agent must deliver the shopper's guide before the presentation of an application or enrollment form; and
(2) in the case of direct response solicitations, the shopper's guide must be presented in conjunction with an application or enrollment form.
Subd. 2. Exception. Subdivision 1 does not apply to life insurance policies or riders containing accelerated long-term care benefits. The policy summary required under section 62S.10 must be furnished with a life insurance policy or rider containing accelerated long-term care benefits.
1997 c 71 art 1 s 31

Structure Minnesota Statutes

Minnesota Statutes

Chapters 59A - 79A — Insurance

Chapter 62S — Qualified Long-term Care Insurance Policies

Section 62S.01 — Definitions.

Section 62S.02 — Qualified Long-term Care Insurance Policy.

Section 62S.021 — Long-term Care Insurance; Initial Filing.

Section 62S.03 — Extraterritorial Jurisdiction.

Section 62S.04 — Prohibitions.

Section 62S.05 — Preexisting Condition.

Section 62S.06 — Prior Hospitalization Or Institutionalization.

Section 62S.07 — Right To Return; Refund.

Section 62S.08 — Coverage Outline.

Section 62S.081 — Required Disclosure Of Rating Practices To Consumers.

Section 62S.09 — Certificate Requirements.

Section 62S.10 — Policy Summary.

Section 62S.11 — Monthly Report.

Section 62S.12 — Claim Denial.

Section 62S.13 — Incontestability Period.

Section 62S.14 — Renewability.

Section 62S.15 — Authorized Limitations And Exclusions.

Section 62S.16 — Extension Of Benefits.

Section 62S.17 — Continuation Or Conversion.

Section 62S.18 — Discontinuance And Replacement.

Section 62S.181 — Electronic Enrollment For Group Policies.

Section 62S.19 — Unintentional Lapse.

Section 62S.20 — Required Disclosure Provisions.

Section 62S.21 — Prohibition Against Postclaims Underwriting.

Section 62S.22 — Minimum Standards For Home Health And Community Care Benefits.

Section 62S.23 — Requirement To Offer Inflation Protection.

Section 62S.24 — Requirements For Application Forms And Replacement Coverage.

Section 62S.25 — Reporting Requirements.

Section 62S.251 — Reserve Standards.

Section 62S.26 — Loss Ratio.

Section 62S.265 — Premium Rate Schedule Increases.

Section 62S.266 — Nonforfeiture Benefit Requirement.

Section 62S.267 — Standards For Benefit Triggers.

Section 62S.268 — Additional Standards For Benefit Triggers For Qualified Long-term Care Insurance Contracts.

Section 62S.27 — Filing Requirement.

Section 62S.28 — Filing Requirements For Advertising.

Section 62S.29 — Standards For Marketing.

Section 62S.291 — Availability Of New Services Or Providers.

Section 62S.292 — Right To Reduce Coverage And Lower Premiums.

Section 62S.30 — Suitability.

Section 62S.31 — Requirement To Deliver Shopper's Guide.

Section 62S.312 — Consumer Protection Standards For Long-term Care Partnership Policies.

Section 62S.315 — Producer Training.

Section 62S.32 — Application.

Section 62S.33 — Penalties.

Section 62S.34 — Regulatory Flexibility.