Utah Admin. Code 590-155-4

Current through Bulletin 2024-19, October 1, 2024
Section R590-155-4 - Rule
(1) An insurer shall disclose to a policyholder and to a contract holder that the Utah Life and Health Guaranty Association may not cover the contractual guarantees in the policy or contract.
(2) The disclosure required in Subsection (1) shall be:
(a) in writing;
(b) given before or at the time a policy, contract, or certificate is delivered;
(c) available upon request by a policyholder, an enrollee, or a contract holder; and
(d) filed with the commissioner.
(3) The disclosure required in Subsection (1) shall use the text in the Utah Life and Health Insurance Guaranty Association's Notice of Protection, which is available on the department's website, https://insurance.utah.gov.

Utah Admin. Code R590-155-4

Amended by Utah State Bulletin Number 2019-13, effective 6/7/2019
Amended by Utah State Bulletin Number 2022-03, effective 1/24/2022