If a long-term care insurance policy or certificate replaces another long-term care policy or certificate, the replacing insurer shall waive any time periods applicable to preexisting conditions and probationary periods in the new long-term care policy for similar benefits to the extent that similar exclusions have been satisfied under the original policy.
Ill. Admin. Code tit. 50, § 2012.124
Section 2012.126 renumbered to Section 2012.124 and amended at 32 Ill. Reg. 7600, effective May 5, 2008