Current through September 2, 2024
Section 18.04.08.039 - SPECIFIED ACCIDENT COVERAGE01.Minimum Standards for Benefits. The minimum standards for specified accident coverage are:a. A benefit amount not less than one thousand dollars ($1,000) for accidental death;b. A benefit amount not less than one thousand dollars ($1,000) for double dismemberment; andc. A benefit amount not less than five hundred dollars ($500) for single dismemberment.02.Banned Policy or Certificate Provisions. Specified accident policies will not contain probationary or waiting periods.03.Disclosure Provisions.a. Specified accident policies or certificates that provide coverage for hospital or medical care will prominently state in addition to the Notice to Buyer: "This (policy) (certificate) provides limited benefits. Benefits provided are supplemental and are not intended to cover all medical expenses."b. All specified accident policies and certificates will prominently state on the first page, in either contrasting color or in boldface type at least equal to the size of type used for headings or captions of sections: "Notice to Buyer: This is an accident-only (policy) (certificate) and it does not pay benefits for loss from sickness. Review your (policy) (certificate) carefully."Idaho Admin. Code r. 18.04.08.039