D.C. Code Title 31, Chapter 54

What this document is

D.C. Code Title 31, Chapter 54 - Life and Health Insurance Guaranty Association (§§ 31-5401 to 31-5416) is a state statute published by Council of the District of Columbia (code.dccouncil.gov). It is one of the District of Columbia documents that insurance license exam questions are written from, including district of columbia life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• D.C. Code § 31-5401(8) (Definitions: member insurer)

  “The term “member insurer” shall include Group Hospitalization and Medical Services, Inc., as well as any insurer whose license or certificate of authority in the District of Columbia may have been suspended, revoked, not renewed, or voluntarily withdrawn, but does not include: (A) A nonprofit...”

• D.C. Code § 31-5402(c) (Coverage and limitations: benefit limits)

  “The benefits for which the Association may become liable shall in no event exceed the lesser of: (1) The contractual obligations for which the insurer is liable or would have been liable if it were not an impaired or insolvent insurer; or (2) (A) With respect to any 1 life, regardless of the number...”

• D.C. Code § 31-5402(c)(2)(A-ii) (Aggregate limit with respect to any one life)

  “The Association shall not be obligated to cover: (i) More than an aggregate of $ 300,000 in benefits with respect to any one life under subparagraphs (A) and (A-i) of this paragraph except with respect to benefits for basic hospital, medical, and surgical insurance and major medical insurance under...”

• D.C. Code § 31-5405(j) (Powers and duties: nonpayment of premiums)

  “Nonpayment of premiums within 31 days after the date required under the terms of any guaranteed, assumed, alternative, or reissued policy or contract or substitute coverage shall terminate the Association’s obligations under the policy or coverage, except with respect to any claims incurred or any...”

• D.C. Code § 31-5406(e) (Assessments: annual maximum)

  “The total of all assessments upon a member insurer for the life and annuity account and for each subaccount thereunder shall not in any 1 calendar year exceed 2% and for the health account shall not in any 1 calendar year exceed 2% of the insurer’s average premiums received in the District of...”

• D.C. Code § 31-5416(a) (Prohibited advertisement of Association act in insurance sale)

  “No person, including an insurer, agent, or affiliate of an insurer shall make, publish, disseminate, circulate, or place before the public, or cause directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in any newspaper, magazine, or other publication,...”

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More District of Columbia sources

• D.C. Code Title 31, Chapter 16 - Prohibition of Discrimination in the Provision of Insurance on Basis of AIDS Test (§§ 31-1601 to 31-1610)State statute
• D.C. Code Title 31, Chapter 2 - Duties of Commissioner; Requirements of Industry (§§ 31-201 to 31-208)State statute
• D.C. Code Title 31, Chapter 51 - Credit Life, Accident, and Health Insurance (§§ 31-5101 to 31-5112)State statute
• D.C. Code Title 31, Chapter 32 - Health Insurance Forms (§§ 31-3201 to 31-3255)State statute
• D.C. Code Title 31, Chapter 34 - Health Maintenance Organizations (§§ 31-3401 to 31-3431)State statute
• D.C. Code Title 31, Chapter 48 - Industrial Life Insurance (§§ 31-4801 to 31-4805)State statute
• D.C. Code Title 31, Chapter 47 - Provisions Relating to All Life Insurance Companies (§§ 31-4701 to 31-4730)State statute
• D.C. Code Title 31, Chapter 36 - Long-Term Care Insurance (§§ 31-3601 to 31-3612)State statute