Termination of a group long-term care policy contract shall be without prejudice to any benefits payable for services which began while the contract was in force and continue without interruption after termination. Such extension of benefits beyond the period the contract was in force may be limited to the duration of benefit period, or the payment of the maximum benefit, whichever is less.
Rulemaking Authority Florida Statutes § 624.308(1), 627.9407(1) FS. Law Implemented 624.307(1), 627.9407(1) FS. History-New 5-17-89, Formerly 4-81.015, 4-157.015.

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Terms Used In Florida Regulations 69O-157.015

  • Contract: A legal written agreement that becomes binding when signed.