50 Ill. Adm. Code 2012.124

Prohibition Against Preexisting Conditions and Probationary Periods in Replacement Policies or Certificates

Last amended: 2012Year: 2026Length: 68 wordsOfficial source
Section 2012 Section 2012.124  Prohibition Against Preexisting Conditions and Probationary Periods in Replacement Policies or Certificates If a long-term care insurance policy or certificate replaces another long-term care policy or certificate, the replacing insurer shall waive any time periods applicable to preexisting conditions and probationary periods in the new long-term care policy for similar benefits to the extent that similar exclusions have been satisfied under the original policy.
50 Ill. Adm. Code 2012.124: Prohibition Against Preexisting Conditions and Probationary Periods in Replacement Policies or Certificates | Justis AI