Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 760. DEPARTMENT OF INSURANCE |
Article 760IAC1. GENERAL PROVISIONS |
Rule 760IAC1-48. Standards for Accelerated Benefit Provisions of Individual and Group Life Insurance Policies and Required Disclosure |
Section 760IAC1-48-9. Discrimination
Latest version.
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Insurers shall not:
(1) unfairly discriminate among insureds with differing qualifying events under the policy or among insureds with similar qualifying events covered under the policy; and
(2) apply further conditions on the payment of the accelerated benefits other than those conditions specified in the policy or rider.
(Department of Insurance; 760 IAC 1-48-9; filed Feb 23, 1993, 5:00 p.m.: 16 IR 1823; 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)