A certificate issued pursuant to a group long-term care insurance policy, which policy is delivered or issued for delivery in this state, shall include all of the following:
(a) A description of the principal benefits and coverage provided in the policy.
(b) A statement of the principal exclusions, reductions, and limitations contained in the policy.
(c) A statement of the terms under which the policy or certificate, or both, may be continued in force or discontinued, including any reservation in the policy of a right to change premiums.
(d) A statement that the group master policy determines governing contractual provisions.
(e) An explanation of the insured’s rights regarding continuation, conversion, and replacement.
(Amended by Stats. 1992, Ch. 1132, Sec. 16. Effective January 1, 1993.)