§ 5292 Selection of the supplemental income benefits carrier.

29 DE Code § 5292 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The carrier shall be licensed in Delaware, selected by a proper vote of the Committee, and have adequate servicing facilities to carry out the terms of the contract as awarded by the Committee. The selected carrier shall maintain a claims loss ratio of not less than 60%.

79 Del. Laws, c. 391, § 1.