Section 687B.013 - "Basis for conversion of coverage" defined"Basis for conversion of coverage" means a provision that a person:
1. Whose coverage under the group long-term care insurance contract would otherwise terminate, or whose coverage has been terminated for any reason, including discontinuance of the group long-term care insurance contract in its entirety or with respect to an insured class; and2. Who has been continuously insured under the group long-term care insurance contract and any group long-term care insurance contract which it replaced for at least the 6 months immediately preceding the date of termination, Is entitled to the issuance of a converted policy by the insurer under whose group long-term care insurance contract he or she is covered, without evidence of insurability.
Nev. Admin. Code § 687B.013
Added to NAC by Comm'r of Insurance, eff. 12-15-94; A by R028-10, 12-16-2010, eff. 10-1-2011-Substituted in revision for NAC 687B.032