Utah Code § 31A-22-1410
Report to policyholder
Utah · Utah Code Title 31A — Insurance Code · Status: effective
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- Citation
- Utah Code § 31A-22-1410, Report to policyholder, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2333859
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Full text
A monthly report shall be provided to the policyholder any time a long-term care benefit funded through a life insurance vehicle by the acceleration of the death benefit is in benefit payment status. The report shall include:
(1) any long-term care benefits paid out during the month;
(2) an explanation of any changes in the policy due to long-term care benefits being paid out such as death benefits or cash values; and
(3) the amount of long-term care benefits existing or remaining.