The purpose of this part is to:

1. (1) promote the public interest;
2. (2) promote the availability of long-term care insurance;
3. (3) protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices;
4. (4) establish standards for long-term care insurance;
5. (5) facilitate public understanding and comparison of long-term care insurance policies; and
6. (6) facilitate flexibility and innovation in the development of long-term care insurance coverage.

History: En. Sec. 2, Ch. 355, L. 1989.