Pennsylvania Code
Title 31 - INSURANCE
Part IV - Life Insurance
Chapter 90f - INDIVIDUAL IMMINENT DEATH/LIFETIME HEALTH CARE FACILITY CONFINEMENT BENEFITS PROVIDED AS ACCELERATED DEATH BENEFIT OR SETTLEMENT OF DEATH BENEFIT; PROVIDED BY RIDERS OR BUILT INTO POLICIES-STATEMENT OF POLICY
Section 90f.15 - Disclosure and benefit payment notice

(a) The insurer certifies that no later than the time the application for the benefit is signed, the agent, broker or insurer will provide the applicant with a written disclosure of the benefit providing:

(b) Disclosures required by subsection (a)(1) and (2) appear in a prominent position in prominent type. Prominent type means, for example, all capital letters, contrasting color, underlined or otherwise differentiated from the other type in the policy.

(c) The insurer certifies that the disclosure will be provided either as a separate form or in the disclosure statement required by Chapter 83 Subchapter A (relating to required disclosures in the solicitation of life insurance).

(d) The insurer certifies that no later than the time the benefit payment or first payment, if paid in installments, is made, the insurer will provide the owner with a written benefit payment notice providing:

(e) The insurer certifies that the benefit payment notice will be provided as a separate form.

(f) The form provides a disclosure that the benefit payment notice will be provided.

(g) The insurer certifies that all information included in the disclosure and benefit payment notice is based on contract guarantees. No projected or nonguaranteed values or benefits will be shown.