Utah Code § 31A-22-632
Report to policy holder
Utah · Utah Code Title 31A — Insurance Code · Status: effective
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- Citation
- Utah Code § 31A-22-632, Report to policy holder, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2333752
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Full text
(1) An insurer shall provide the policyholder a monthly report if an accident and health rider or supplemental benefit is:
(a) funded through a life insurance vehicle by acceleration of the death benefit; and
(b) in benefit payment status.
(2) The report required by Subsection (1) shall include:
(a) any rider or supplemental benefits paid out during the month;
(b) an explanation of any changes in the policy due to rider or supplemental benefits being paid out such as:
(i) death benefits; or
(ii) cash values; and
(c) the amount of the rider or supplemental benefits existing or remaining.