Montana § 33-22-1116 - Nonforfeiture Benefits -- Offer Requirement
Full text of Montana Montana Code Annotated § 33-22-1116 — Nonforfeiture Benefits -- Offer Requirement, with citation guidance and answers to common questions.
§ 33-22-1116. Nonforfeiture Benefits -- Offer Requirement
Nonforfeiture benefits -- offer requirement. (1) Except as provided in subsection (3), a long-term care insurance policy may not be delivered or issued for delivery in this state unless the policyholder or certificate holder has been offered the option of purchasing a policy that includes a nonforfeiture benefit. The offer of a nonforfeiture benefit may be in the form of a rider that is attached to the policy. (2) If a policyholder or certificate holder declines the nonforfeiture benefit, the insurer shall provide a contingent benefit upon lapse that must be available for a specified period of time following a substantial increase in premium rates. (3) When a group long-term care insurance policy is issued, the offer required in subsection (1) must be made to the group policyholder. However, if the policy is issued as group long-term care insurance as defined in 33-22-1107 (5)(d), other than to a continuing care retirement community or other similar entity, the offer must be made to each proposed certificate holder.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-22-1116
What does Montana Code Annotated § 33-22-1116 cover?
Section 33-22-1116 ("Nonforfeiture Benefits -- Offer Requirement") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 33-22-1116?
A common citation format is "Montana Code Annotated § 33-22-1116" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 33-22-1116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.