North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 11. INSURANCE |
CHAPTER 12. LIFE AND HEALTH DIVISION |
11 NCAC 12 .1207. EFFECTIVE DATE OF THE ACCELERATED BENEFITS
Latest version.
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An accelerated benefit provision shall be effective for qualifying events that occur on or after the effective date of the policy or rider. The accelerated benefit provision shall be effective for illness no more than 30 days after the effective date of the policy or rider.
History Note: Authority G.S. 58‑2‑40; 58‑3‑150; 58‑7‑15(1); 58‑58‑1;
Eff. March 1, 1992.