Nevada Administrative Code (Last Updated: January 6, 2015)

NAC687B.019. “Converted policy” defined.

Latest version.

“Converted policy” means an individual long-term care insurance contract providing benefits identical to, or benefits determined by the Commissioner to be substantially equivalent to, or in excess of, those provided under the group long-term care insurance contract from which conversion is made.

(Added to NAC by Comm’r of Insurance, eff. 12-15-94; A by R028-10, 12-16-2010, eff. 10-1-2011)

                    
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