Sec.38a-458-1. 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.

(Effective April 27, 1992; Amended April 23, 2015; Amended October 13, 2016)