Definitions

As used in Sections 38a-458-1 to 38a-458-12, inclusive of the Regulations of Connecticut State Agencies: (a) ‘‘Long-term care benefits’’ mean: (1) benefits as defined under Sections 38a-501 and 38a-528 of the Connecticut General Statutes; (2) which reduce the death benefit otherwise payable under the life insurance policy or the account value under the annuity contract; and (3) which are payable in periodic payments or a lump sum payment to either a provider or the insured upon confinement. (b) ‘‘Insurance policy’’ or ‘‘policy’’ means an insurance policy, annuity contract, or certificate or rider or endorsement thereto.