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23-97-315. Acceleration of death benefit.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-97-315. Acceleration of death benefit.

23-97-315. Acceleration of death benefit. (a) Any time a long-term care benefit 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. (b) The report shall include: (1) Any long-term care benefits paid out during the month; (2) An explanation of any changes in the policy, including, but not limited to, death benefits or cash values, due to the payment of long-term care benefits; and (3) The remaining amount of long-term care benefits.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-97-315

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:23-97-315
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d3f55f11931d5a2487d0664ce5ed20527ab6fc0e67ee564909d4c7ae3a968deb

Source location: content.xml paragraph 58040

Stored source content

23-97-315. Acceleration of death benefit. (a) Any time a long-term care benefit 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. (b) The report shall include: (1) Any long-term care benefits paid out during the month; (2) An explanation of any changes in the policy, including, but not limited to, death benefits or cash values, due to the payment of long-term care benefits; and (3) The remaining amount of long-term care benefits.

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