Report to policy holder.

Utah Code § 31A-22-632, under Part 31A-22-6: Accident and Health Insurance.

Utah Code § 31A-22-632

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

(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.