Nev. Admin. Code § 687B.0687

Current through September 16, 2024
Section 687B.0687 - Applicability of provisions regarding nonforfeiture benefits and contingent benefit upon lapse
1. Except as otherwise provided in this section, the provisions of NAC 687B.0686 apply to any long-term care insurance contract or certificate issued in this State on or after October 1, 2008.
2. The provisions of NAC 687B.0686 do not apply to a certificate issued on or after October 1, 2008, to a group described in subsection 1 of NAC 687B.025 under a group long-term care insurance contract which was in force on October 1, 2008.
3. The provisions of subsections 5, 9 and 11 of NAC 687B.0686 do not apply to new certificates issued to a group described in subsection 1 of NAC 687B.025 under a group long-term care insurance contract issued on or after April 1, 2009.
4. Except as otherwise provided in subsections 2, 3 and 5, the provisions of subsections 5, 9 and 11 of NAC 687B.0686 apply to any long-term care insurance contract or certificate issued in this State on or after January 1, 2009.
5. Except as otherwise provided in subsections 2 and 3, the provisions of subsections 5 and 8 to 17, inclusive, of NAC 687B.0686 apply to any long-term care insurance contract or certificate which was in force on or after October 1, 2011, regardless of the date of issue.

Nev. Admin. Code § 687B.0687

Added to NAC by Comm'r of Insurance by R121-07, 9-18-2008, eff. 10-1-2008; A by R028-10, 12-16-2010, eff. 10-1-2011

NRS 679B.130