760 Ind. Admin. Code 1-19-1
Current through November 6, 2024
Authority: IC 27-1-3-7
Affected: IC 27-8-5
Sec. 1.
AUTHORITY AND PURPOSES. This regulation [ 760 IAC 1-19 ]is issued pursuant to the authority set out at I.C. 1971, 27-1-3-7.
Many Indiana citizens have purchased coverage under group disability policies which contain pre-existing conditions limitations. If the policy holder replaces an existing group disability policy issued by a succeeding carrier, pre-existing conditions limitations in the new policy may cause unfair hardship on the insureds. The purpose of this regulation [ 760 IAC 1-19 ]is to eliminate this hardship.
760 IAC 1-19-1