Ins 3.465(3)(b)4.4. Be accompanied by a clear disclosure that the policy is intended to be a qualifying partnership policy. The disclosure shall be in the format contained in Appendix 1. Ins 3.465(3)(b)6.6. Not base underwriting criteria upon whether or not the policy is a qualifying partnership policy. Ins 3.465(4)(4) Form requirements for qualifying partnership policies. An insurer that offers a long-term care insurance policy that is intended to qualify an insured under the state’s partnership program shall comply with all of the following: Ins 3.465(4)(a)(a) File the policy, outline of coverage, premium rates, and actuarial memorandum to the commissioner in accordance with s. 631.20, Stats., and s. Ins 3.455, and include the qualifying partnership policy certification form. Ins 3.465 NoteNote: The qualifying partnership policy certification form (OCI No. 26-113) can be obtained from the Office of the Commissioner of Insurance at no cost from the OCI website http://oci.wi.gov or by writing to the State of Wisconsin Office of the Commissioner of Insurance 125 S. Webster, Madison, WI 53703. Ins 3.465(4)(b)(b) Submit the qualifying partnership policy certification form to the commissioner, prior to use, for approval if an insurer intends to use a previously approved policy to qualify as a qualifying partnership policy. Ins 3.465(4)(c)(c) File the endorsement or rider and submit the qualifying partnership policy certification form to the commissioner, prior to use, for approval if the insurer intends to amend a previously approved policy with an endorsement or rider, as needed, to qualify the policy as a qualifying partnership policy. Ins 3.465(4)(d)(d) Certification shall be in the format specified by the commissioner and identified as OCI No. 26-113, and comply with the following: Ins 3.465(4)(d)1.1. The certification shall be made and signed by an officer of the insurer having the authority to bind the insurer and shall include full contact information for the certifying officer. Ins 3.465(4)(d)2.2. The certification for pars. (b) and (c) shall identify the policy by the original form number and approval date. Ins 3.465(5)(5) Inflation protection requirements. An insurer offering a long-term care insurance policy that is intended to qualify an insured under the state partnership program shall comply with the following inflation protection provisions. Ins 3.465(5)(a)(a) For a person who is less than 61 years of age as of the date of purchase of the policy, the policy shall provide compound annual inflation protection that complies with one of the following: Ins 3.465(5)(a)1.1. Provide and maintain a level premium that contains automatic annual compounded inflation increases at a rate that is at least 3%. Ins 3.465(5)(a)2.2. Provide and maintain a level premium that contains automatic annual compounded inflation increases at a rate based on changes in the consumer price index. Ins 3.465(5)(a)3.3. Provide for annual compounded inflation increases at a rate that is at least 3% and meet all of the following requirements: Ins 3.465(5)(a)3.a.a. Each benefit increase occurs automatically, unless the insured specifically rejects an increase. Ins 3.465(5)(a)3.b.b. The increases shall be provided until the insured has at least attained age 76 and each increase up to and including the increase that takes effect at age 76 may not be rejected by the insured in order to retain qualifying partnership policy status. Ins 3.465(5)(a)3.c.c. Increases may end when the insured has attained age 76, rejected an offer of inflation increase, or becomes eligible for benefits on or after age 76. Ins 3.465(5)(a)3.d.d. The additional premium for each increase under this feature may be based on the premium rates that apply to the insured’s attained age at the time of the increase. Ins 3.465(5)(a)3.e.e. Rejection of an increase may not limit the coverage under the policy, except for the asset disregard feature of a qualified partnership policy, and from the insured receiving future premium increases as contemplated in s. Ins 3.455. Ins 3.465(5)(b)(b) For a person who is at least 61 years of age but less than 76 years of age as of the date of purchase of the policy, the policy shall provide inflation protection that meets the requirements of par. (a) or an inflation protection feature that provides at least 3% annual simple inflation protection. Ins 3.465(5)(c)(c) For a person who is at least 76 years of age as of the date of purchase of the policy, the policy may provide inflation protection with terms no less restrictive than those identified in pars. (a) and (b), but inflation protection is not required. Ins 3.465(6)(6) Disclosure when soliciting. In addition to the requirements of s. Ins 3.46, an insurer issuing or marketing a policy that is intended to qualify an insured for the state’s partnership program shall explain at the time of solicitation the benefits associated with a qualifying partnership policy and comply with all of the following: Ins 3.465(6)(a)1.1. An insurer or its intermediary shall provide to each prospective applicant all of the following: Ins 3.465(6)(a)1.a.a. Qualifying partnership policy notices in the format contained in Appendix 1 and 2.