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054.00.94-5. Policy Requirements.

AR ADC 054.00.94-5Arkansas Administrative Code

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 94. Long-Term Care Insurance Partnership Program
Ark. Admin. Code 054.00.94-5
054.00.94-5. Policy Requirements.
Currentness
Any Partnership-Qualified Long-Term Care Insurance policy shall meet or exceed all of the following:
A. the policy meets all the applicable requirements of this Rule and the requirements of Rule 13;
B. the policy includes an inflation protection benefit as defined in Section 4 of this Rule;
C. the insured was a resident of Arkansas when coverage first became effective under the policy;
D. the policy is a qualified long-term care insurance policy as defined in ยง 7702B(b) of the Internal Revenue Code of 1986 and was issued no earlier than January 1, 2008.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.94-5, AR ADC 054.00.94-5
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