Washington § 48.83.080 Benefit funded through life insurance policy—Acceleration of a death benefit.

Washington Statutes

§ 48.83.080 — Benefit funded through life insurance policy—Acceleration of a death benefit.

Washington § 48.83.080

Title 48INSURANCE

Ch. 48.83LONG-TERM CARE INSURANCE COVERAGE—STANDARDS

This text of Washington § 48.83.080 (Benefit funded through life insurance policy—Acceleration of a death benefit.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 48.83.080 (2026).

Text

If a long-term care benefit funded through a life insurance policy by the acceleration of the death benefit is in benefit payment status, a monthly report must be provided to the policyholder. The report must include:

(1)A record of all long-term care benefits paid out during the month;

(2)An explanation of any changes in the policy resulting from paying the long-term care benefits, such as a change in the death benefit or cash values; and

(3)The amount of long-term care benefits that remain to be paid.

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If a long-term care benefit funded through a life insurance policy by the acceleration of the death benefit is in benefit payment status, a monthly report must be provided to the policyholder. The report must include:

(1) A record of all long-term care benefits paid out during the month;

(2) An explanation of any changes in the policy resulting from paying the long-term care benefits, such as a change in the death benefit or cash values; and

(3) The amount of long-term care benefits that remain to be paid.