Authority: IC 27-8-12-7

Affected: IC 27-8-12

Sec. 3. Termination of long term care insurance shall not prejudice any benefits payable for institutionalization if the institutionalization began while the long term care insurance was in force and which institutionalization continues without interruption after termination. The extension of benefits beyond the period the long term care insurance was in force may be limited to the following:

1. (1) The duration of the benefit period, if any.
2. (2) Payment of the maximum benefits, if any.

Further, such extension of benefits may be subject to any policy waiting period and all other applicable provisions of the policy.

(Department of Insurance; 760 IAC 2-3-3; filed Oct 30, 1992, 12:00 p.m.: 16 IR 858; 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 Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA; readopted filed Nov 19, 2019, 9:18 a.m.: 20191218-IR-760190497RFA; readopted filed Nov 30, 2022, 11:39 a.m.: 20221228-IR-760220302RFA)