Delaware

Commission Alternatives - Fees and Requirements

Charge fee in addition to or in lieu of collecting commissions?
Specific Disclosures or written agreements required to charge fees to a client?
Admin fees for insurance placement?
Charges for services unrelated to the placement of insurance?
Additional licensing required?
Insurance producers may charge fees in addition to or in lieu of receiving commissions for insurance placement, provided such compensation is contemplated in the premium/charge for insurance filed with and approved by the commissioner and/or included in the policy.  Del. Code Ann. tit. 18, § 1702; Del. Code Ann. tit. 18, § 2304; Del. Code Ann. tit. 18, § 1714 
No
   
No

Stop-Loss Information

Citation
Employer Size
Specific Stop Loss Restrictions
Aggregate Stop Loss Restrictions
Guaranteed Issue of Stop-Loss Policies
Other notes
18, § 7218(e)
1-15 employers
N/A
N/A
No

Prohibits sale of stop-loss insurance to employers with 15 or fewer employees

Malpractice Damage Cap

Damage Cap Amount

State Code

No cap
N/A