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

NAC687B.0845. Required statement as to whether contract intended to be qualified long-term care insurance contract under federal provisions.

Latest version.

1. A qualified long-term care insurance contract must include a disclosure statement in the qualified long-term care insurance contract and in the outline of coverage that the qualified long-term care insurance contract is intended to be a qualified long-term care insurance contract under 26 U.S.C. § 7702B(b).

2. A long-term care insurance contract that is not a qualified long-term care insurance contract must include a disclosure statement in the long-term care insurance contract and in the outline of coverage that the long-term care insurance contract is not intended to be a qualified long-term care insurance contract under 26 U.S.C. § 7702B(b).

(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)

                    
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