Which is NOT required of Long Term Care policies sold in Indiana?

Long Term Care policies in Indiana must adhere to a maximum 6-month pre-existing conditions exclusion period. This means that the policy cannot exclude coverage for pre-existing conditions for longer than six months after the policy's effective date. This requirement aims to ensure that individuals with pre-existing conditions have access to Long Term Care coverage.

Long Term Care policies sold in Indiana must be offered on a noncancellable or guaranteed renewable basis. This ensures that policyholders have the option to renew their policies without the insurance company being able to cancel coverage or increase premiums based on changes in the policyholder's health status.

Indiana regulations mandate that Long Term Care policies must provide coverage for at least 12 consecutive months. This requirement ensures that policyholders have access to long-term care benefits for a minimum period to support their ongoing care needs.