R.C.S.A. § 38a-501a-11

Non-forfeiture of benefits

Last amended: 2017Year: 2026Length: 60 wordsOfficial source

Cite as Conn. Agencies Regs. § 38a-501a-11

An insurer may offer the option to purchase a policy that provides a non-forfeiture benefit in the form of a return of premium, full benefits for a reduced benefit period, reduced benefits for the full benefit period, or another benefit that is acceptable to the Commissioner. A policy that provides a non-forfeiture benefit shall include a schedule of this benefit.
R.C.S.A. § 38a-501a-11: Non-forfeiture of benefits | Justis AI