760 Ind. Admin. Code 2-16-2

Current through December 12, 2024
Section 760 IAC 2-16-2 - Prohibition against preexisting conditions and probationary periods in replacement policies or certificates

Authority: IC 27-8-12-7

Affected: IC 27-8-12

Sec. 2.

If a long term care insurance policy, certificate, or subscriber agreement replaces another long term care policy, certificate, or subscriber agreement, the replacing insurer shall waive any time periods applicable to preexisting conditions and probationary periods in the new long term care policy, certificate, or subscriber agreement for similar benefits to the extent that similar exclusions have been satisfied under the original policy, certificate, or subscriber agreement.

760 IAC 2-16-2

Department of Insurance; 760 IAC 2-16-2; filed Oct 30, 1992, 12:00 p.m.: 16 IR 867; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed November 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA
Readopted filed 11/19/2019, 9:18 a.m.: 20191218-IR-760190497RFA
Readopted filed 11/30/2022, 11:39 a.m.: 20221228-IR-760220302RFA