Title 31A, Insurance Code

31A-22-317. Definitions. As used in Sections 31A-22-316 through 31A-22-319: (1) "Aftermarket crash part" means a replacement for any of the nonmechanical sheet metal or plastic parts that generally constitute the exterior of a motor vehicle, including inner and outer panels. (2) …

31A-22-318. Identification. (1) Any aftermarket crash part supplied by a nonoriginal equipment manufacturer for use in a motor vehicle in this state shall have the logo or name of the nonoriginal equipment manufacturer affixed or inscribed on the aftermarket crash part. (2) The n…

31A-22-319. Prohibition on insurer requiring certain parts -- Disclosure. (1) Unless an insurer gives an insured notice in writing an insurer may not specify the use of non-OEM aftermarket crash parts in the repair of an insured's motor vehicle. (2)(a) For a policy issued on or a…

31A-22-320. Use of credit information. (1) For purposes of this section: (a) "Credit information" means: (i) a consumer report; (ii) a credit score; (iii) any information obtained by the insurer from a consumer report; (iv) any part of a consumer report; or (v) any part of a cred…

31A-22-321. Use of arbitration in third party motor vehicle accident cases. (1) A person injured as a result of a motor vehicle accident may elect to submit all third party bodily injury claims to arbitration by filing a notice of the submission of the claim to binding arbitratio…

31A-22-322. Improper administration of cancelled auto insurance coverage. (1) Upon cancellation by an insured of auto insurance coverage, the insurer shall discontinue any automatic payments and withdrawals related to the cancelled policy before the later of: (a) 15 days after th…

31A-22-323. Policy-limit demands, correspondence, and disclosure requirements -- Third-party liability claims. (1)(a) In a third-party liability claim arising under this part in which a claimant or claimant's legal counsel sends a demand letter to a liability insurance carrier de…

31A-22-324. Insurer obligations -- Recovery operations -- Arbitration. (1) As used in this section: (a) "Commercial vehicle" means the same as that term is defined in Section 72-9-102. (b) "Motor carrier" means the same as that term is defined in Section 72-9-102. (c) "Motor vehi…

31A-22-400. Scope of part. This Part 4, Life Insurance and Annuities, applies to all life insurance policies and contracts, including: (1) an annuity contract; (2) a credit life contract; (3) a franchise contract; (4) a group contract; and (5) a blanket contract.

31A-22-401. Prohibited life insurance policy provisions. No life insurance company may issue or deliver any life insurance policy subject to this chapter under Section 31A-21-101 which contains any provision: (1) forfeiting the policy for failure to repay any loan on the policy o…

31A-22-402. Grace period -- Notification. (1)(a) Every life insurance policy other than a group policy shall contain a provision entitling the policyholder to a grace period within which the payment of any premium may be made after the first payment of any premium. (b) During the…

31A-22-403. Incontestability. (1) This section does not apply to group policies. (2)(a) Except as provided in Subsection (3), a life insurance policy is incontestable after the policy has been in force for a period of two years from the policy's date of issue: (i) during the life…

31A-22-404. Suicide. (1)(a) Suicide is not a defense to a claim under a life insurance policy that is in force for two years from the date of issuance of the later of: (i) the policy; or (ii) the certificate. (b) Subsection (1)(a) applies whether: (i) the insured's death by suici…

31A-22-405. Misstated age or gender. (1) Subject to Subsection (2), if the age or gender of the person whose life is at risk is misstated in an application for a policy of life insurance, and the error is not adjusted during the person's lifetime, the amount payable under the pol…

31A-22-406. Table of installments. Any life insurance policy which provides that the proceeds may be payable in installments, which are determinable at the issue of the policy, shall provide in the policy a table showing the amounts and intervals of the guaranteed installments.

31A-22-407. Reinstatement. (1)(a) Except as provided under Subsection (2), an individual life insurance policy shall be reinstated upon written application made within three years, or within two years in the case of an individual life insurance policy with a face amount under $5,…

31A-22-408. Standard Nonforfeiture Law for Life Insurance. (1)(a) This section is known as the "Standard Nonforfeiture Law for Life Insurance." (b) This section does not apply to group life insurance. (c) As used in this section, "operative date of the valuation manual" means the…

31A-22-409. Standard Nonforfeiture Law for Individual Deferred Annuities. (1) This section is known as the "Standard Nonforfeiture Law for Individual Deferred Annuities." (2) This section does not apply to: (a) reinsurance; (b) a group annuity purchased under a retirement plan or…

31A-22-410. Trustee and deposit agreements. (1) An insurer may hold as a part of its general assets the proceeds of any life insurance policy or annuity under a trust or other agreement, upon the terms and restrictions as to revocation by the policyholder and control by the benef…

31A-22-411. Insurance policies providing variable benefits. (1) An insurance policy that provides for payment of a benefit in a variable amount shall contain a statement of the essential features of the procedure to be followed by the insurer in determining the dollar amount of t…

31A-22-412. Assignment of life insurance rights. (1) As used in this section, "final termination of a policy" means the day after which an insurer will not reinstate a policy without requiring: (a) evidence of insurability; or (b) written application. (2)(a) Except as provided un…

31A-22-413. Designation of beneficiary. (1) Subject to Subsection 31A-22-412(3), no life insurance policy or annuity contract may restrict the right of a policyholder or certificate holder: (a) to make an irrevocable designation of beneficiary effective immediately or at some sub…

31A-22-414. Evidence as to death. The rules relating to determination of death under Section 75-1-107 are applicable to life insurance.

31A-22-415. Simultaneous death. Section 75-2-702 applies to all policies of life and accident and health insurance.

31A-22-417. Physical examination and autopsy. A life insurer may, at its own expense, examine the body of the insured when and as often as the insurer reasonably requires during the pendency of a claim, and it may make an autopsy in case of death where it is reasonably necessary …

31A-22-418. Participating and nonparticipating policies. (1)(a) A stock insurer and a mutual insurer may issue both participating and nonparticipating life insurance policies and annuity contracts, subject to this section. (b) A fraternal insurer issuing life insurance policies i…

31A-22-419. Insurer's purchase of and loans on policies. Any life insurer may purchase for its own benefit any policy of insurance or other obligation of the company and any claim of its policyholders. The insurer may also lend to the holders of policies of the company a sum whic…

31A-22-420. Policy loans. (1) This section applies to all life insurance policies and annuity contracts, including certificates issued by fraternal insurers, which contain policy loan provisions. A "policy loan" includes any arrangement by which a premium is paid to the life insu…

31A-22-421. Facility of payment under certain life insurance policies. A life insurance policy with a face value of $5,000 or less may provide that if the beneficiary designated in the policy does not make a claim under the policy or does not surrender the policy with due proof o…

31A-22-422. Conditional coverage. Conditional or binding receipts or other documents issued by a life insurer, whatever they are named, which conditionally grant life insurance coverage prior to physical delivery of the policy are subject to the form filing requirements under Sec…

31A-22-423. Policy and annuity examination period. (1)(a) Except as provided under Subsection (2), a life insurance policy, life insurance certificate, annuity contract, or annuity certificate shall contain a notice prominently printed on or attached to the cover or front page of…

31A-22-424. Documents constituting entire life insurance policy. (1) A life insurance policy shall contain a provision that defines the documents and agreements that constitute the entire contract between the parties. (2) Except as permitted by Section 31A-21-106, all documents a…

31A-22-425. Rulemaking authority for standards related to life insurance and annuities. In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commissioner may make rules to establish standards for any of the following: (1) if used in connection with the…

31A-22-426. Coverage description. (1) Each life insurance policy, annuity contract, and certificate of life insurance shall contain a brief description printed on the cover page. (2) The description shall include: (a) the type of insurance; (b) whether it is participating or nonp…

31A-22-427. Life insurance and annuity policy records. A life insurer, and its successors, shall maintain all records that affect the legal effect of a life insurance policy, annuity contract, or certificate of life insurance for the term of the insurance plus five years.

31A-22-428. Interest payable on life insurance proceeds. (1) For a life insurance policy delivered or issued for delivery in this state on or after May 5, 2008, the insurer shall pay interest on the death proceeds payable upon the death of the insured. (2)(a) Except as provided i…

31A-22-429. Producer's duties related to replacement of life insurance or annuity. (1) In connection with or as part of each application for life insurance or annuities, the applicant shall complete and the producer shall submit to the insurer the statements required by rule made…

31A-22-430. Policy notification. (1)(a) An insurer that delivers or issues for delivery an individual life insurance policy in this state shall notify the applicant for the policy, in writing at the time of application for the policy, of an applicant's right to designate a third …

31A-22-431. Living organ donor coverage. (1) For the purposes of this section, "living organ donor" means the same as that term is defined in Section 31A-22-655. (2) An insurer may not: (a) deny eligibility for coverage or limit coverage of a individual under a life insurance pol…

31A-22-501. Eligible groups. A group insurance policy offering life insurance or a blanket insurance policy offering life insurance may not be delivered in Utah unless the insured group: (1) falls within at least one of the classifications under Sections 31A-22-501.1 through 31A-…

31A-22-501.1. Employer groups. (1) The lives of a group of individuals may be insured under a policy: (a) issued as a policyholder, to: (i) an employer; or (ii) an employer sponsored trust for the benefit of the employer's employees; (b) having an insurable interest as stated in …

31A-22-502. Employee groups. (1) As used in this section: (a) "Employees" includes: (i) for one or more affiliated corporations, proprietorships, or partnerships under common control, their: (A) officers; (B) managers; (C) retired employees; and (D) individual proprietors or part…

31A-22-503. Labor union or similar employee organization groups. The lives of a group of individuals may be insured under a policy issued to a labor union or similar employee organization as policyholder. This policy shall insure members of the union or organization for the benef…

31A-22-504. Trustee groups. (1) A group insurance policy offering life insurance may be issued to: (a) policyholders who are the trustees of a fund established by two or more employers, by one or more labor unions, or similar employee organizations, or by one or more employers an…

31A-22-505. Association groups. (1) An insurer may issue a group insurance policy offering life insurance to an association group or to the trustees of a fund established, created, and maintained for the benefit of the members of the association group if: (a) the commissioner aut…

31A-22-506. Creditor groups to insure debtors. (1) To insure debtors of a creditor, a group life insurance policy may be issued to a policyholder who is any of the following: (a) the creditor; (b) the creditor's parent holding company; or (c) trustees or agents designated by two …