Utah § 31A-22-501.1 Employer groups.

Utah Statutes

§ 31A-22-501.1 — Employer groups.

Utah § 31A-22-501.1

Title 31AInsurance Code

Ch. 31A-22Contracts in Specific Lines

Part 31A-22-5Group Life Insurance

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Bluebook

Utah Code Ann. § 31A-22-501.1 (2026).

Text

(1)The lives of a group of individuals may be insured under a policy:

(1)(a) issued as a policyholder, to:

(1)(a)(i) an employer; or

(1)(a)(ii) an employer sponsored trust for the benefit of the employer's employees;

(1)(b) having an insurable interest as stated in Subsection 31A-21-104(3)(d); and

(1)(c) subject to the requirement of Subsection 31A-21-104(3)(d)(v).

(2)A policy issued under this section is not subject to:

(2)(a) Section 31A-21-311; and

(2)(b) Sections 31A-22-516 through 31A-22-522.

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(1) The lives of a group of individuals may be insured under a policy:

(1)(a) issued as a policyholder, to:
(1)(a)(i) an employer; or
(1)(a)(ii) an employer sponsored trust for the benefit of the employer's employees;
(1)(b) having an insurable interest as stated in Subsection 31A-21-104(3)(d); and
(1)(c) subject to the requirement of Subsection 31A-21-104(3)(d)(v).
(2) A policy issued under this section is not subject to:

(2)(a) Section 31A-21-311; and
(2)(b) Sections 31A-22-516 through 31A-22-522.