Indiana § 27-8-12-14.6 Benefits funded through life insurance by acceleration of death
benefits; benefit payment status report; contents

Indiana Statutes

§ 27-8-12-14.6 — Benefits funded through life insurance by acceleration of death benefits; benefit payment status report; contents

Indiana § 27-8-12-14.6

Title 27INSURANCE

Art. 8LIFE, ACCIDENT, AND HEALTH

Ch. 12Long Term Care Insurance

This text of Indiana § 27-8-12-14.6 (Benefits funded through life insurance by acceleration of death benefits; benefit payment status report; contents) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-8-12-14.6 (2026).

Text

6. If a long term care benefit, funded through a life insurance vehicle by the acceleration of the death benefit, is in benefit payment status, a monthly report containing the following shall be provided to the policyholder:

(1)Any long term care benefit paid out during the month.

(2)An explanation of any change in the policy, including a change in death benefit or cash value due to long term care benefits being paid.

(3)The amount of long term care benefits remaining under the policy.

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6. If a long term care benefit, funded
through a life insurance vehicle by the acceleration of the death benefit,
is in benefit payment status, a monthly report containing the following
shall be provided to the policyholder:
(1) Any long term care benefit paid out during the month.
(2) An explanation of any change in the policy, including a
change in death benefit or cash value due to long term care
benefits being paid.
(3) The amount of long term care benefits remaining under the
policy.