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The purpose of this subchapter is to:

  1. (1) Promote the public interest;

  2. (2) Promote the availability of long-term care insurance policies;

  3. (3) Protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices;

  4. (4) Establish standards for long-term care insurance;

  5. (5) Facilitate public understanding and comparison of long-term care insurance policies; and

  6. (6) Facilitate flexibility and innovation in the development of long-term care insurance coverage.