Nevada Administrative Code
Chapter 687B - Contracts of Insurance
CONTRACTS FOR LONG-TERM CARE
Section 687B.066 - Provision for reinstatement in event of lapse of coverage
Universal Citation: NV Admin Code 687B.066
Current through December 31, 2024
1. A long-term care insurance contract or certificate must include a provision which provides that, in the event of a lapse in coverage, coverage will be reinstated if:
(a) The insured provides proof of cognitive impairment or loss of functional capacity before the grace period contained in the long-term care insurance contract or certificate expires;
(b) The insured requests reinstatement of coverage within 5 months of the date of termination of coverage; and
(c) The insured pays any premiums which are past due.
2. For the purposes of subsection 1, the standard of proof of cognitive impairment or loss of functional capacity must not be more stringent than any criteria regarding cognitive impairment or loss of functional capacity used in the long-term care insurance contract or certificate to determine eligibility for benefits.
Added to NAC by Comm'r of Insurance, eff. 12-15-94; A by R028-10, 12-16-2010, eff. 10-1-2011
NRS 679B.130
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
