Montana § 33-20-128 Life Insurance Policy Paying Long-Term Benefits -- Monthly Report

Montana Statutes

§ 33-20-128 — Life Insurance Policy Paying Long-Term Benefits -- Monthly Report

Montana § 33-20-128

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 20LIFE INSURANCE

Part 1Policy Provisions

This text of Montana § 33-20-128 (Life Insurance Policy Paying Long-Term Benefits -- Monthly Report) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-20-128 (2026).

Text

33-20-128 . Life insurance policy paying long-term benefits -- monthly report. When 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 must be provided to the policyholder as provided for in 33-22-1123 and this section. The report must include the following information for the month for which the report is issued:

(1)the amount of long-term care benefits paid out during the month;

(2)an explanation of any changes in the policy, including without limitation death benefits or cash values, resulting from long-term care benefits having been paid out; and

(3)the amount of long-term care benefits existing or remaining.

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33-20-128 . Life insurance policy paying long-term benefits -- monthly report. When 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 must be provided to the policyholder as provided for in 33-22-1123 and this section. The report must include the following information for the month for which the report is issued:
(1) the amount of long-term care benefits paid out during the month;
(2) an explanation of any changes in the policy, including without limitation death benefits or cash values, resulting from long-term care benefits having been paid out; and
(3) the amount of long-term care benefits existing or remaining.