Sec. 21.53.068. Limitations related to producers and third-party administrators.
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Sec. 21.53.068. Limitations related to producers and third-party administrators.
An insurer that authorizes issuance of a long-term care insurance policy by a producer or a third-party administrator under the underwriting authority of the insurer granted to the producer or third-party administrator using the insurer's underwriting guidelines may issue a long-term care insurance policy through the producer or third-party administrator only if the insurer does not compensate the issuer based on the number of policies issued.