In addition to the definitions in Neb. Rev.
Stat.
§
44-1102, the
following definitions apply to this regulation:
002.01 Insured
"Insured" means the person covered under the policy being
considered for viatication.
002.02 Life expectancy
"Life expectancy" means the mean of the number of months the
individual insured under the life insurance policy to be viaticated can be
expected to live as determined by the viatical settlement provider considering
medical records and appropriate experiential data.
002.03 Net death benefit
"Net death benefit" means the amount of the life insurance
policy or certificate to be viaticated less any outstanding debts or
liens.
002.04 Patient
identifying information
"Patient identifying information" means an insured's address,
telephone number, facsimile number, electronic mail address, photograph or
likeness, employer, employment status, social security number, or any other
information that is likely to lead to the identification of the
insured.
Notes
210 Neb. Admin. Code, ch. 76, §
002
Amended
effective 5/11/2016.
