This bill introduces a new section to chapter 26.1-45 of the North Dakota Century Code, focusing on the terms and claim payments of long-term care insurance policies. It establishes specific definitions for key terms such as "activities of daily living," "cognitive impairment," and various related activities like bathing, dressing, and toileting. These definitions must be included in the insurance policy to ensure clarity and consistency. Additionally, the bill mandates that long-term care insurance policies cannot delay or prohibit benefit payments to basic care facilities if the insured meets certain eligibility criteria, such as being unable to perform two or more activities of daily living or having cognitive impairments that require supervision.

Furthermore, the bill requires insurers to provide a copy of the long-term care insurance policy to the insured or their representative within thirty days of a request. This provision aims to enhance transparency and accessibility for policyholders, ensuring they have timely access to their insurance documents. Overall, the bill seeks to improve the standards and clarity of long-term care insurance policies in North Dakota.