Section 31A-22-2005 - Nonforfeiture benefits(1)(a) A limited long-term care insurance policy may offer the option of purchasing a policy or certificate including a nonforfeiture benefit.(b) The offer of a nonforfeiture benefit may be in the form of a rider that is attached to the policy.(c) In the event the policy holder or certificate holder does not purchase a nonforfeiture benefit, the insurer shall provide a contingent benefit upon lapse that shall be available for a specified period of time following a substantial increase in premium rates.(2) If an insurer issues a group limited long-term care insurance policy, the insurer shall:(a) make any offer of a nonforfeiture benefit to the group policyholder; and(b) make any offer to each proposed certificate holder.Added by Chapter 32, 2020 General Session ,§ 36, eff. 5/12/2020.