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

Added at 10 Ok Reg 397, eff 11-12-92 (emergency)

Added at 10 Ok Reg 3033, eff 7-15-93