§ 31A-22-1410. Report to policyholder.

Latest version.

A monthly report shall be provided to the policyholder any time a long-term care benefit funded through a life insurance vehicle by the acceleration of the death benefit is in benefit payment status. The report shall include:

(1) any long-term care benefits paid out during the month;

(2) an explanation of any changes in the policy due to long-term care benefits being paid out such as death benefits or cash values; and

(3) the amount of long-term care benefits existing or remaining.

Enacted by Chapter 243, 1991 General Session

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');