760 IAC 2-18-1 - Delivery
Authority: IC 27-8-12-7
Affected: IC 27-8-12-14.5
Sec. 1.
(a) A long
term care insurance shopper's guide in a format developed by the National
Association of Insurance Commissioners, or a guide developed or approved by the
commissioner, shall be provided to all prospective applicants of a long term
care insurance policy or certificate. Delivery shall be as follows:
(1) For insurance producer solicitations, an
insurance producer must deliver the shopper's guide prior to the presentation
of an application or enrollment form.
(2) For direct response solicitations, the
shopper's guide must be presented in conjunction with any application or
enrollment form.
(b) Life
insurance policies or riders containing accelerated long term care benefits are
not required to furnish the guide referenced in subsection (a), but shall
furnish the policy summary required under IC
27-8-12-14.5.
Notes
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