Key Takeaways
- Connecticut requires a 10-day free look period for disability insurance policies
- Long-term care insurance has a 30-day free look period in Connecticut
- Connecticut participates in the Long-Term Care Partnership Program for Medicaid asset protection
- LTC policies must offer inflation protection options
- Producers must complete specific LTC training before selling
Connecticut Disability and Long-Term Care Insurance
Connecticut has specific regulations for disability income insurance and long-term care insurance.
Disability Income Insurance
Free Look Period
Connecticut requires a 10-day free look period for individual disability insurance:
- Policyholder can return for full premium refund
- Begins when policy is delivered
- Applies to individual policies
Required Policy Provisions
Connecticut disability policies must include:
| Provision | Requirement |
|---|---|
| Grace Period | Minimum 31 days for annual premium |
| Reinstatement | Must allow reinstatement |
| Notice of Claim | 20 days after loss begins |
| Time to Pay Claims | 30 days after proof of loss |
Connecticut Does Not Have State Disability Insurance
Unlike California, Connecticut does not have a mandatory state disability insurance program. Disability coverage is through private insurance, employer-sponsored plans, or Social Security.
However, Connecticut does have Paid Family and Medical Leave (PFML) starting in 2022, administered by the Connecticut Paid Leave Authority.
Long-Term Care Insurance
Free Look Period
- 30-day free look for LTC policies
- Applies to all individual LTC policies
- Policyholder can return for full refund
Required Provisions
| Provision | Requirement |
|---|---|
| Renewability | Must be guaranteed renewable |
| Pre-existing Conditions | Max 6-month look-back |
| Inflation Protection | Must offer option |
| Nonforfeiture | Must offer option |
Connecticut Partnership Program
Connecticut participates in the Long-Term Care Partnership Program:
- Purchase a Partnership-qualified LTC policy
- Use benefits for care
- If benefits exhaust, apply for Medicaid
- Asset protection - Keep assets equal to benefits received
Producer Requirements
To sell LTC insurance in Connecticut:
- Complete initial LTC-specific training (part of overall L&H requirement)
- Includes Partnership program training
- Ongoing CE requirements for LTC
What is the free look period for long-term care insurance policies in Connecticut?
Does Connecticut have a mandatory state disability insurance program like California?
What is the primary benefit of purchasing a Connecticut Partnership-qualified long-term care policy?