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The DC Code: § 31-3608 Monthly reports.

Index31 Insurance and Securities. (Refs & Annos)

Any time a long-term care benefit which is funded through a life insurance vehicle by the acceleration of the death benefit is in benefit payment status, a monthly report shall be provided to the policyholder. The monthly report shall include the following:

1
Any long-term care benefits paid out during the month;
2
An explanation of any changes in the policy (e.g., death benefits or cash values due to long-term care benefits being paid out); and
3
The amount of long-term care benefits existing or remaining.

Historical and Statutory

Legislative History of Laws For Law 13-121, see notes following § 31-3601. DC CODE § 31-3608 Current through December 11, 2012

Credits

(May 23, 2000, D.C. Law 13-121, § 9, 47 DCR 2038.)