Utah Admin. Code 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.
Notes
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