Utah § 31A-22-632 Report to policy holder.

Utah Statutes

§ 31A-22-632 — Report to policy holder.

Utah § 31A-22-632

Title 31AInsurance Code

Ch. 31A-22Contracts in Specific Lines

Part 31A-22-6Accident and Health Insurance

This text of Utah § 31A-22-632 (Report to policy holder.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 31A-22-632 (2026).

Text

(1)An insurer shall provide the policyholder a monthly report if an accident and health rider or supplemental benefit is:

(1)(a) funded through a life insurance vehicle by acceleration of the death benefit; and

(1)(b) in benefit payment status.

(2)The report required by Subsection (1) shall include:

(2)(a) any rider or supplemental benefits paid out during the month;

(2)(b) an explanation of any changes in the policy due to rider or supplemental benefits being paid out such as:

(2)(b)(i) death benefits; or

(2)(b)(ii) cash values; and

(2)(c) the amount of the rider or supplemental benefits existing or remaining.

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(1) An insurer shall provide the policyholder a monthly report if an accident and health rider or supplemental benefit is:

(1)(a) funded through a life insurance vehicle by acceleration of the death benefit; and
(1)(b) in benefit payment status.
(2) The report required by Subsection (1) shall include:

(2)(a) any rider or supplemental benefits paid out during the month;
(2)(b) an explanation of any changes in the policy due to rider or supplemental benefits being paid out such as:
(2)(b)(i) death benefits; or
(2)(b)(ii) cash values; and
(2)(c) the amount of the rider or supplemental benefits existing or remaining.