The following form must be used in this state to report replacements and lapses of supplemental long-term care insurance.
Supplemental Long-Term Care Insurance Replacement and Lapse Reporting Form
For the State of For the Reporting Year of
Company Name:
Due: June 30, Annually
Company Address:
Company NAIC Number:
Contact Person: Phone Number:
Instructions
The purpose of this form is to report on a statewide basis information regarding supplemental long-term care insurance policy replacements and lapses. Specifically, every issuer must maintain records for each [agent] [insurance producer] on that [agent's] [insurance producer's] amount of supplemental long-term care insurance replacement sales as a percent of the [agent's] [insurance producer's] total annual sales and the amount of lapses of supplemental long-term care insurance policies sold by the [agent] [insurance producer] as a percent of the [agent's] [insurance producer's] total annual sales. The tables below should be used to report the ten percent of the issuer's [agents] [insurance producers] with the greatest percentages of replacements and lapses.
Listing of the 10% of [Agents] [Insurance Producers] with the Greatest Percentage of Replacements
[Agent's] [Insurance Producer's] Name | Number of Policies Sold by This [Agent] [Insurance Producer] | Number of Policies Replaced by This [Agent] [Insurance Producer] | Number of Replacements as % of Number Sold by This [Agent] [Insurance Producer] |
Listing of the 10% of [Agents] [Insurance Producers] with the Greatest Percentage of Lapses
[Agent's] [Insurance Producer's] Name | Number of Policies Sold by This [Agent] [Insurance Producer] | Number of Policies Lapsed by This [Agent] [Insurance Producer] | Number of Lapses as % of Number Sold by This [Agent] [Insurance Producer] |
Company Totals
Percentage of Replacement Policies Sold to Total Annual Sales %
Percentage of Replacement Policies Sold to Policies In Force (as of the end of the preceding calendar year) %
Percentage of Lapsed Policies to Total Annual Sales %
Percentage of Lapsed Policies to Policies In Force (as of the end of the preceding calendar year) %
[Statutory Authority: RCW 48.02.060 (3)(a), 48.85.030(1), 48.212.140, 48.212.150, 48.212.170, 48.212.200, and 48.85.030. WSR 26-05-001 (Matter R 2025-06), s 284-212-195, filed 2/4/26, effective 3/7/26.]
Reviser's note: The brackets and enclosed material in the text of the above section occurred in the copy filed by the agency.