Statutes, codes, and regulations
Virginia Administrative Code
Title 14 - INSURANCEAgency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 200 - RULES GOVERNING LONG-TERM CARE INSURENCE
Section 14VAC5-200-190 - Prohibition against preexisting conditions and probationary periods in replacement policies or certificates

14 Va. Admin. Code § 5-200-190

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Current through Register Vol. 40, No. 22, June 17, 2024
Section 14VAC5-200-190 - Prohibition against preexisting conditions and probationary periods in replacement policies or certificates

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.

14 Va. Admin. Code § 5-200-190

Derived from Regulation 40, Case No. INS910239, § 20, eff. January 1, 1992.

Statutory Authority

§§ 38.2-223 and 38.2-5200 through 38.2-5208 of the Code of Virginia.