Del. Code Ann. tit. 18, § 3109 – Requirements for other groups; out-of-state groups

(a) Group life insurance offered to a resident of this State under a group life insurance policy issued to a group other than those described in §§ 3102-3108 of this title shall be subject, where applicable, to the requirements of subsections (b)-(e) of this section.
(b) No such group life insurance policy shall be delivered in this State unless the Commissioner finds that:
1. (1) The issuance of such group policy is not contrary to the best interest of the public;
2. (2) The issuance of the group policy would result in economies of acquisition or administration; and
3. (3) The benefits are reasonable in relation to the premiums charged.
(c) No such group life insurance coverage may be offered in this State by an insurer under a policy issued in another state unless this State or another state having requirements substantially similar to those contained in paragraphs (b)(1), (2) and (3) of this section has made a determination that such requirements have been met.
(d) The premium for the policy shall be paid either from the policyholders’ funds or from funds contributed by the coverage persons or from both.
(e) An insurer may exclude or limit the coverage on any person as to whom evidence of individual insurability is not satisfactory to the insurer.