Nevada Administrative Code
Chapter 687B - Contracts of Insurance
CONTRACTS FOR LONG-TERM CARE
Section 687B.013 - "Basis for conversion of coverage" defined
Current through December 31, 2024
"Basis for conversion of coverage" means a provision that a person:
1. Whose coverage under the group long-term care insurance contract would otherwise terminate, or whose coverage has been terminated for any reason, including discontinuance of the group long-term care insurance contract in its entirety or with respect to an insured class; and
2. Who has been continuously insured under the group long-term care insurance contract and any group long-term care insurance contract which it replaced for at least the 6 months immediately preceding the date of termination,
Is entitled to the issuance of a converted policy by the insurer under whose group long-term care insurance contract he or she is covered, without evidence of insurability.
Added to NAC by Comm'r of Insurance, eff. 12-15-94; A by R028-10, 12-16-2010, eff. 10-1-2011-Substituted in revision for NAC 687B.032
NRS 679B.130