760 Ind. Admin. Code 2-8-6

Current through May 29, 2024

Section 760 IAC 2-8-6 - Life insurance policies

Authority: IC 27-8-12-7

Affected: IC 27-8-12

Sec. 6.

Life insurance policies that accelerate benefits for long term care shall comply with this rule if the policy being replaced is a long term care insurance policy. If the policy being replaced is a life insurance policy, the insurer shall comply with the replacement requirements of 760 IAC 1-16.1. If a life insurance policy that accelerates benefits for long term care is replaced by another such policy, the replacing insurer shall comply with both the long term care and the life insurance replacement requirements.

760 IAC 2-8-6

Department of Insurance; 760 IAC 2-8-6; filed Oct 7, 2004, 1:00 p.m.: 28 IR 572; readopted filed Nov 24, 2010, 9:17 a.m.: 20101222-IR-760100633RFA

Readopted filed 11/23/2016, 9:47 a.m.: 20161221-IR-760160436RFA

Readopted filed 11/30/2022, 11:39 a.m.: 20221228-IR-760220302RFA