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Required Disclosure Provisions A. Renewability. Individual long-term care insurance policies shall contain a renewability provision. (1) The provision shall be appropriately captioned, shall appear on the first page of the policy, and shall clearly state that the coverage is guaranteed renewable or noncancellable.

Among the items you should get is a copy of a "Personal Worksheet" that helps you understand some of the issues related to purchasing long-term care insurance and the name, address, and local phone number of the HICAP office nearest you where you can receive, free of charge, information and counseling about long-term

(d) A completed personal worksheet shall be returned to the issuer prior to the issuer's consideration of the applicant for coverage, except the personal worksheet need not be returned for sale of employer group long-term care insurance to employees and their spouses and dependents.

Individual long-term care insurance policies shall have a notice prominently printed on the first page of the policy or attached thereto stating in substance that unless the policyholder has received benefits under the policy, the policyholder has the right to return the policy within 30 days of its delivery and to

Texas created the Long-Term Care Partnership Program as an incentive for Texans to plan for their long-term care needs. The partnership is a joint effort between private insurers and the state. Insurers must follow state and federal guidelines to sell partnership policies.

Return of Premium, often referred to as ?full return of premium,? will give your beneficiary a death benefit equal to the sum of your LTC premiums paid over time. This is available with several carriers, including Mutual of Omaha, and is the most expensive option you can buy of the three Return of Premium options.

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Suitability Data for Non-Partnership Policies: Comprehensive. Form NumberDescriptionReference26‑301Long‑term Care Experience Exhibits.Corporate Legal Name. 631.20(2)(c). 631.31. 631.64. The applicant and the agent must then complete the disclosure statement at the bottom of the personal worksheet. Division of Insurance. Comprehensive Long-Term Care. Producer's or Insurer's Suitability Letter to Applicant . Comprehensive Long-Term Care. Documents forming part of policy--Setting forth in full, rates and classifications excepted. Requirements for Application Forms and Replacement Coverage. 65.

Texas Long-Term Care Insurance Suitability Reporting Form

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How to fill out Texas Long-Term Care Insurance Suitability Reporting Form?

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Which renewal provisions must be included in a long-term care policy issue to an individual?

What is the purpose of a long-term care insurance personal worksheet?

When must a completed LTC personal worksheet be returned to the issuer?

How many days from the delivery of a long-term care policy may the policyowner return it for a full refund?

Does Texas have a long-term care partnership program?

What is the return of premium option for long-term care?

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