§ 5292. Selection of the supplemental income benefits carrier.
47 words·~1 min read·
/de/title-29/5292A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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%.