Sec.38a-501a-11. Non-forfeiture of benefits

Latest version.

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.

(Effective May 26, 2017)

                    
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