Illinois Administrative Code
Title 50 - INSURANCE
Part 2012 - LONG-TERM CARE INSURANCE
Section 2012.124 - Prohibition Against Preexisting Conditions and Probationary Periods in Replacement Policies or Certificates
Universal Citation: 50 IL Admin Code ยง 2012.124
Current through Register Vol. 48, No. 12, March 22, 2024
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.
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