Title 58 — INSURANCE

A notice of discontinuance given by the carrier shall include a request to the group policyholder or other entity involved to notify employees covered under the policy of the date as of which the group policy, contract, or certificate will discontinue and to advise that, unless o…

Each group policy, contract, or certificate subject to the provisions of §§ 58-16-49 to 58-16-54 , inclusive, issued on or after July 1, 2009, or under which the level of benefits is altered, modified, or amended on or after July 1, 2009, shall provide a reasonable provision for …

The following provisions dictate the responsibility of the prior carrier and succeeding carrier when coverage is discontinued: (1) After discontinuance of the policy, contract, or certificate, the prior carrier remains liable only to the extent of its accrued liabilities and exte…

The premium for a policy issued under § 58-16-2 may be paid entirely by the policyholder, or by funds paid entirely by the insured employees, or by funds contributed by both the policyholder and the insured employees. A policy on which no part of the premium is to be derived from…

A policy of group life insurance may be issued to a labor union, which shall be deemed the policyholder, to insure members of such union for the benefit of persons other than the union or any of its officials, representatives or agents, subject to the requirements of §§ 58-16-8 t…

The members eligible for insurance under a policy issued under § 58-16-7 shall be all of the members of the union, or all of any class or classes thereof determined by conditions pertaining to their employment, or to membership in the union, or both. Source: SL 1966, ch 111 , ch …

The amounts of insurance under a policy issued under § 58-16-7 must be based upon some plan precluding individual selection either by the members or by the union. Source: SL 1966, ch 111 , ch 24, § 1 (3) (d).