Long Term Care Partnership

On July 8, 2010, Senate Bill 1193 (SESSION LAW 2010-68) was signed by Governor Bev Perdue. This legislation implements a Long Term Care Partnership Program (LTCP.)The eight (8) hours training and biennial training requirements can apply to the CE requirement provided the provider and course are approved for continuing education.Insurers who provide Long-Term Care Partnership insurance shall verify that their appointed agents who sell, solicit or negotiate Long-Term Care Partnership policies as defined in G.S 58-55-55(6) and G.S. 58-55-60 meet the LTC Partnership training requirement. Verification may be accomplished by obtaining and maintaining the continuing education certificate of completion or by obtaining and maintaining a copy of the continuing education transcript for each agent. The insurers shall maintain the training records for each agent and make the records available to the Commissioner within 30 calendar days upon request.