Section 760IAC1-19-1. Authority to promulgate rule; purpose of rule

   AUTHORITY AND PURPOSES. This regulation [760 IAC 1-19] is issued pursuant to the authority set out at I.C. 1971, 27-1-3-7.

  Many Indiana citizens have purchased coverage under group disability policies which contain pre-existing conditions limitations. If the policy holder replaces an existing group disability policy issued by a succeeding carrier, pre-existing conditions limitations in the new policy may cause unfair hardship on the insureds. The purpose of this regulation [760 IAC 1-19] is to eliminate this hardship. (Department of Insurance; Reg 20,I; filed Jun 25, 1975, 10:45 am: Rules and Regs. 1976, p. 172; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA)