Indiana Code
Chapter 12. Long Term Care Insurance
27-8-12-11. Establishment of New Waiting Period

Sec. 11. (a) A long term care insurance policy may not:
(1) contain a provision establishing a new waiting period if an existing policy is converted to or replaced by a new form issued by the same insurer, except in the case of an increase in benefits voluntarily selected by the insured individual or group policyholder;
(2) be canceled, nonrenewed, or otherwise terminated on the grounds of age or the deterioration of the mental or physical health of the insured individual or certificate holder;
(3) provide coverage for skilled nursing care only; or
(4) provide significantly more coverage for skilled care than coverage for a lower level of care.
(b) Subsection (a) does not prohibit an insurer from voluntarily waiving any authorized waiting period.
As added by P.L.275-1987, SEC.1. Amended by P.L.114-1991, SEC.14.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 8. Life, Accident, and Health

Chapter 12. Long Term Care Insurance

27-8-12-1. "Applicant" Defined

27-8-12-2. "Certificate" Defined

27-8-12-3. "Certificate Holder" Defined

27-8-12-4. "Insurance Policy" Defined

27-8-12-4.5. "Long Term Care Facility" Defined

27-8-12-5. "Long Term Care Insurance Policy" Defined

27-8-12-6. Compliance With Statutory Requirements

27-8-12-7. Policy Disclosure Standards; Marketing Practices; Continuing Education; Penalties; Reporting Practices; Rules

27-8-12-7.1. Qualification of Long Term Care Policies; Rules

27-8-12-8. Loss Ratio Standards Rule

27-8-12-9. Termination of Policy on Grounds of Age or Deteriorated Health

27-8-12-10. "Preexisting Condition" Defined; Exclusion of Coverage; Limitations

27-8-12-10.5. Loss or Confinement Resulting From a Preexisting Condition; Exclusion of Coverage; Limitation Period; Rules

27-8-12-10.6. Conditions on Eligibility for Benefits; Restrictions

27-8-12-11. Establishment of New Waiting Period

27-8-12-12. No Obligation Return Period; Notice

27-8-12-13. Direct Response Solicitation Issued Policies; No Obligation Return Period; Notice

27-8-12-14. Outline of Coverage; Contents

27-8-12-14.5. Policy Summary; Requirements

27-8-12-14.6. Benefits Funded Through Life Insurance by Acceleration of Death Benefits; Benefit Payment Status Report; Contents

27-8-12-15. Group Policy Certificate; Contents

27-8-12-16. Application of General Insurance Law

27-8-12-17. Group Policies Issued in Another State; Requirements

27-8-12-18. Insurance Producer Commissions

27-8-12-19. Violations; Civil Penalty; Amount