1. (a) For purposes of this chapter:

   1. (1) a policy or contract issued on a blanket basis is a group policy or group contract;
   2. (2) each individual insured under a policy or contract issued on a blanket basis is a certificate holder under the policy or contract; and
   3. (3) a policy or contract issued on a franchise plan to members of a qualified group is a nongroup policy or nongroup contract.
2. (b) For purposes of this chapter, a benefit plan may have only one (1) plan sponsor.

3. (c) For purposes of this chapter, an individual who, on the applicable coverage date:

   1. (1) is a citizen of the United States; and

   2. (2) resides in a:

      1. (A) foreign country; or

      2. (B) United States possession, territory, or protectorate;

         that does not have an association similar to the association created by this chapter;

         is considered to be a resident of the state of domicile of the insurer that issued the policies or contracts.

4. (d) For purposes of this chapter, benefits provided under a long term care insurance rider to:

   1. (1) a life insurance policy; or

   2. (2) an annuity contract;

      are considered to be the same kind of benefits as the benefits under the life insurance policy or annuity contract to which the rider benefits relate.

As added by P.L.193-2006, SEC.10. Amended by P.L.276-2013, SEC.32; P.L.208-2018, SEC.13.