Utah Admin. Code R590-98-2 - Purpose and Scope
(1) The purpose of
this rule is to:
(a) require a prompt response
to a policyholder's request for policy values; and
(b) limit the exercise of the statutory
deferral option to a situation where the financial stability of the insurer is
at risk.
(2) This rule
applies to an insurer engaged in the business of insurance.
Notes
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