Section R590-229-6 - Report to Contract Owners(1) The insurer shall provide to a contract owner, at least annually, a report on the status of an annuity contract for:(a) an annuity in the payout period with changes in nonguaranteed elements; or(b) a deferred annuity in the accumulation period.(2) The report shall contain at least the following information: (a) the beginning and end date of the current report period;(b) any accumulation or cash surrender value at the end of the previous report period and at the end of the current report period;(c) any amount that has been credited, charged to the contract value, or paid during the current report period; and(d) the amount of any outstanding loan as of the end of the current report period.Utah Admin. Code R590-229-6
Amended by Utah State Bulletin Number 2023-08, effective 4/7/2023Amended by Utah State Bulletin Number 2024-22, effective 11/7/2024