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Bill > HB156


DE HB156

An Act To Amend Title 18 Of The Delaware Code Relating To Pet Insurance.


summary

Introduced
05/12/2023
In Committee
06/15/2023
Crossed Over
06/15/2023
Passed
06/30/2023
Dead
Signed/Enacted/Adopted
08/31/2023

Introduced Session

152nd General Assembly

Bill Summary

This Act establishes the comprehensive framework for the regulation of pet insurance transacted in Delaware. The Act reflects the adoption of the National Association of Insurance Commissioners Pet Insurance Model Act, with adjustments made to conform the model act to the standards of the Delaware Legislative Drafting Manual, including using the singular tense of a word rather than the plural tense.

AI Summary

This bill establishes a comprehensive legal framework for the regulation of pet insurance in Delaware. It defines key terms such as "preexisting condition," "chronic condition," and "wellness program," and requires insurers to disclose important policy provisions, including any exclusions, limits on coverage, and the basis for claim payments. The bill also sets standards for waiting periods, veterinary examinations, and the sale of wellness programs. Additionally, it requires insurance producers to complete training on pet insurance before selling such products. The overall purpose of the bill is to promote the public welfare by creating a clear regulatory environment for the pet insurance industry in Delaware.

Committee Categories

Business and Industry

Sponsors (12)

Last Action

Signed by Governor (on 08/31/2023)

bill text


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