NAC687B.0687. Applicability of provisions regarding nonforfeiture benefits and contingent benefit upon lapse.  


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  •      1. Except as otherwise provided in this section, the provisions of NAC 687B.0686 apply to any long-term care insurance contract or certificate issued in this State on or after October 1, 2008.

         2. The provisions of NAC 687B.0686 do not apply to a certificate issued on or after October 1, 2008, to a group described in subsection 1 of NAC 687B.025 under a group long-term care insurance contract which was in force on October 1, 2008.

         3. The provisions of subsections 5, 9 and 11 of NAC 687B.0686 do not apply to new certificates issued to a group described in subsection 1 of NAC 687B.025 under a group long-term care insurance contract issued on or after April 1, 2009.

         4. Except as otherwise provided in subsections 2, 3 and 5, the provisions of subsections 5, 9 and 11 of NAC 687B.0686 apply to any long-term care insurance contract or certificate issued in this State on or after January 1, 2009.

         5. Except as otherwise provided in subsections 2 and 3, the provisions of subsections 5 and 8 to 17, inclusive, of NAC 687B.0686 apply to any long-term care insurance contract or certificate which was in force on or after October 1, 2011, regardless of the date of issue.

     (Added to NAC by Comm’r of Insurance by R121-07, 9-18-2008, eff. 10-1-2008; A by R028-10, 12-16-2010, eff. 10-1-2011)