reglab/housing_qa huggingface dataset:
UT Code § 31A-22-425 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 425 - Rulemaking authority for standards related to life insurance and annuities.

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 solicitation or sale of life insurance policies and contracts:   (a) a buyer's guide;     (b) a disclosure;     (c) an illustration;     (d) a policy summary; or     (e) a recommendation; and       (2) in a life insurance policy, annuity contract, or life insurance or annuity certificate:   (a) a definition of a term;     (b) a disclosure;     (c) an exclusion; or     (d) a limitation.      Amended by Chapter 382, 2008 General Session
UT Code § 31A-22-426 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 426 - Coverage description.

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 nonparticipating;     (c) a significant limitation stated or included in the filed policy, contract, or certificate; and     (d) a significant specific feature stated or included in the filed policy, contract, or certificate.      Enacted by Chapter 125, 2005 General Session
UT Code § 31A-22-427 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 427 - Life insurance and annuity policy records.

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.  Enacted by Chapter 125, 2005 General Session
UT Code § 31A-22-428 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 428 - Interest payable on life insurance proceeds.

 Effective 5/13/2014  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 in Subsection (4), for the period beginning on the date of death and ending the day before the day described in Subsection (3)(b), interest under Subsection (1) shall accrue at a rate no less than the greater of:   (i) the rate applicable to policy funds left on deposit; and     (ii) the Two Year Treasury Constant Maturity Rate as published by the Federal Reserve.       (b) If there is no rate applicable to policy funds on deposit as stated in Subsection (2)(a)(i), then the Two Year Treasury Constant Maturity Rates as published by the Federal Reserve applies.     (c) The rate described in Subsection (2)(a) or (b) is the rate in effect on the day on which the death occurs.     (d) Interest is payable until the day on which the claim is paid.       (3)   (a) Unless the claim is paid and except as provided in Subsection (4), beginning on the day described in Subsection (3)(b) and ending the day on which the claim is paid, interest shall accrue at the rate in Subsection (2) plus additional interest at the rate of 10% annually.     (b) Interest accrues under Subsection (3)(a) beginning with the day that is 31 days from the latest of:   (i) the day on which the insurer receives proof of death;     (ii) the day on which the insurer receives sufficient information to determine:   (A) liability;     (B) the extent of the liability; and     (C) the appropriate payee legally entitled to the proceeds; and       (iii) the day on which:   (A) legal impediments to payment of proceeds that depend on the action of parties other than the insurer are resolved; and     (B) the insurer receives sufficient evidence of the resolution of the legal impediments described in Subsection (3)(b)(iii)(A).           (4) A court of competent jurisdiction may require payment of interest from the date of death to the day on which a claim is paid at a rate equal to the sum of:   (a) the rate specified in Subsection (2); and     (b) the legal rate identified in Subsection 15-1-1(2).      Amended by Chapter 290, 2014 General SessionAmended by Chapter 300, 2014 General Session
UT Code § 31A-22-429 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 429 - Producer's duties related to replacement of life insurance or annuity.

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 in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, as to:   (a) whether the applicant has existing policies or contracts; and     (b) whether the proposed life insurance or annuity will replace, discontinue, or change an existing policy or contract.       (2) If an applicant for life insurance or an annuity answers "yes" to the question regarding replacement, discontinuance, or change of an existing policy or contract referred to in Subsection (1), the producer shall present to the applicant, not later than at the time of taking the application, the notice regarding replacements in the form adopted by the commissioner by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, or other substantially similar document filed with the commissioner.     (3)   (a) The notice described in Subsection (2) shall:   (i) list each existing policy or contract contemplated to be replaced, properly identified by name of insurer, the insured or annuitant, and policy or contract number if available; and     (ii) include a statement as to whether each policy or contract will be replaced or whether a policy will be used as a source of financing for the new policy or contract.       (b) If a policy or contract number has not been issued by the existing insurer, alternative identification, such as an application or receipt number, shall be listed.       (4) In connection with a replacement transaction, the producer shall leave with the applicant by no later than at the time of policy or contract delivery the original or a copy of all printed sales material. With respect to electronically presented sales material, it shall be provided to the policy or contract holder in printed form no later than at the time of policy or contract delivery.     (5) Except as provided in rule made by the commissioner in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, in connection with a replacement transaction, the producer shall submit to the insurer to which an application for a policy or contract is presented:   (a) a copy of each document required by this section;     (b) a statement identifying any preprinted or electronically presented company approved sales materials used; and     (c) copies of any individualized sales materials, including any illustrations related to the specific policy or contract purchased.      Enacted by Chapter 319, 2013 General Session
UT Code § 31A-22-430 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 430 - Policy notification.

 Effective 5/5/2021  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 party to receive notice of lapse or cancellation of the policy based on nonpayment of premium.     (b) An applicant may make a designation described in Subsection (1)(a) at the time of application for the policy, or at any time the policy is in force, by submitting a written notice to the insurer containing the name and address of the third-party designee.       (2) In accordance with Subsection 31A-22-402(5), an insurer shall transmit a copy of a notice of lapse or cancellation of the policy based on nonpayment of premium to a third party designated in accordance with this section in addition to the transmission of the notice of lapse or cancellation of the policy to the policyholder.     (3) The designation of a third party under this section does not constitute acceptance of any liability on the part of the third party or insurer for a service provided to the policyholder.    Amended by Chapter 221, 2021 General Session
UT Code § 31A-22-431 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 4 - Life Insurance and Annuities|Section 431 - Living organ donor coverage.

 Effective 5/12/2020  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 policy or contract solely due to the status of the individual as a living organ donor;     (b) preclude an individual from donating all or part of an organ as a condition of receiving or continuing to receive coverage under a life insurance policy or contract; or     (c) discriminate in the offering, issuance, cancellation, amount of coverage, price, or any other condition of a life insurance policy or contract for an individual based upon the status of the individual as a living organ donor without any additional actuarial risk.       (3) The commissioner shall make educational materials available to insurers and the public on the access of living organ donors to insurance.     (4) The commissioner may make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to implement the provisions of this section.    Enacted by Chapter 128, 2020 General Session  Technically renumbered to avoid duplication of section number also enacted in HB37, Chapter 32.
UT Code § 31A-22-501 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 501 - Eligible groups.

 Effective 5/5/2021  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-22-509; and     (2) is formed and maintained in good faith for purposes other than obtaining insurance.    Amended by Chapter 252, 2021 General Session
UT Code § 31A-22-501.1 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 501.1 - Employer groups.

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 Subsection 31A-21-104(3)(d); and     (c) subject to the requirement of Subsection 31A-21-104(3)(d)(v).       (2) A policy issued under this section is not subject to:   (a) Section 31A-21-311; and     (b) Sections 31A-22-516 through 31A-22-522.      Amended by Chapter 263, 2008 General Session
UT Code § 31A-22-502 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 502 - Employee groups.

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 partners; and       (ii) for a trusteeship, if their duties are primarily connected with the trusteeship:   (A) trustees;     (B) employees of trustees; or     (C) both Subsection (1)(a)(ii)(A) and (B).         (b) "Employer" includes a Utah public agency.     (c)   (i) "Utah public agency" means a public institution that:   (A) derives its authority from this state; and     (B) is not privately owned.       (ii) "Utah public agency" includes:   (A) a local political subdivision as defined in Section 11-14-102;     (B) the state;     (C) a department or agency of the state; and     (D) all public educational institutions.           (2) The lives of a group of individuals may be insured under a policy:   (a) issued as policyholder, to:   (i) an employer; or     (ii) the trustees of a fund established by an employer;       (b) insuring employees of the employer for the benefit of persons other than the employer; and     (c) subject to the requirements of Subsections (3) through (5).       (3)   (a) All the employer's employees or all of any class of employees of the employer shall be eligible for insurance under the policy described in Subsection (2).     (b) A policy issued to insure the employees of a public body may include elected or appointed officials.       (4) A Utah public agency may pay or authorize the payment out of the Utah public agency's corporate revenue, the premiums required to maintain the group insurance in force.     (5)   (a) The premiums for the policy described in Subsection (2) shall be paid by the policyholders:   (i) from the employer's funds;     (ii) funds contributed by the insured employees; or     (iii) both the funds described in Subsections (5)(a)(i) and (ii).       (b) Except as provided under Section 31A-22-512, a policy on which no part of the premium is contributed by the insured employees shall insure all eligible employees.      Amended by Chapter 105, 2005 General Session
UT Code § 31A-22-503 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 503 - Labor union or similar employee organization groups.

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 benefit of persons other than the union or organization or of any of its officials, representatives, or agents, subject to the following requirements:  (1) The members eligible for the insurance are all of the members or all of any classes of the members.     (2) The premium for the policy shall be paid by the policyholder, either from funds of the union or organization, from funds contributed by the insured members specifically for their insurance, or from both. Except as provided under Section 31A-22-512, a policy on which no part of the premium is contributed by the insured members specifically for their insurance shall insure all eligible members.    Enacted by Chapter 242, 1985 General Session
UT Code § 31A-22-504 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 504 - Trustee groups.

 Effective 5/5/2021  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 and one or more labor unions or similar employee organizations, to insure employees of the employers or members of the unions or the organizations for the benefit of persons other than the employers, the unions, or the organizations; or     (b) notwithstanding Subsection 31A-22-501(2):   (i) a Taft Hartley trust created in accordance with Section 302(c)(5) of the Federal Labor Management Relations Act; or     (ii) a trustee under a trust established for the purpose of facilitating the continuation of a policy when an individual's coverage would otherwise end, if the participating group through which the original coverage was offered would be eligible under this section, Section 31A-22-502, or Section 31A-22-503.         (2) A group insurance policy offering life insurance is subject to the following requirements:   (a) the persons eligible for insurance are all of the employees of the employers or all of the members of the unions or organizations, or all of any classes of employees or members;     (b) the policy may include retired or former employees or members, elected and appointed officials of a public agency if the employees of the agency are insured, and individual proprietors or partners who are employers;     (c) the policy may include the trustees or the trustees' employees, or both, if their duties are principally connected with the trusteeship;     (d) the premiums for the policy are paid by the policyholders from funds contributed by the employers, unions, or similar employee organizations, or from funds contributed by the insured persons, or any combination of these; and     (e) except as provided under Section 31A-22-512, a policy on which no part of the premium is contributed by the insured persons specifically for the insured persons' insurance is required to insure all eligible persons.      Amended by Chapter 252, 2021 General Session
UT Code § 31A-22-506 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 506 - Creditor groups to insure debtors.

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 or more creditors.       (2) A policy described in Subsection (1) is subject to the requirements of this Subsection (2).   (a)   (i) The persons eligible for insurance are:   (A) all of the debtors of the creditors; or     (B) all of any classes of debtors.       (ii) The policy may provide that "debtors" includes:   (A) borrowers of money, or purchasers or lessees of goods, services, property, rights, or privileges for which payment is arranged through a credit transaction; and     (B) the debtors of one or more affiliated corporations, proprietorships, or partnerships under common control with the policyholder.         (b)   (i) The premiums shall be paid by the policyholder, from:   (A) the creditor's funds;     (B) charges collected from the insured debtors; or     (C) from both Subsections (2)(b)(i)(A) and (B).       (ii) Except as provided under Section 31A-22-512, a policy on which no part of the premium is contributed by insured debtors specifically for their insurance shall insure all eligible debtors.       (c)   (i) To the extent of the creditor's interest, the insurance may be payable to the creditor or to any successor to the right, title, and interest of the creditor.     (ii) The payment shall reduce or extinguish the obligation of the debtor to the extent of the payment.     (iii) When the amount of insurance exceeds the debt, the excess is payable to a beneficiary other than the creditor named by the debtor, or to the debtor's estate.       (d) Group policies issued under this section are not subject to Sections 31A-22-516 through 31A-22-521.      Amended by Chapter 125, 2005 General Session
UT Code § 31A-22-507 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 507 - Credit union groups.

31A-22-507. Credit union groups.    (1) The lives of a group of individuals may be insured under a policy issued to a policyholder who is:   (a) a credit union; or     (b) trustees or agents designated by two or more credit unions.        (2) A policy described in Subsection (1) shall insure members of a credit union for the benefit of persons other than:   (a) the credit union;     (b) trustees of the credit union;     (c) agents of the credit union; or     (d) an official of an entity described in Subsections (2)(a) through (c).       (3) The policies are subject to the requirements of this Subsection (3).   (a) The persons eligible for insurance are:   (i) all of the members of the credit union; or     (ii) all of any classes of the members of the credit union.       (b) The premiums shall be paid by the policyholder. Except as provided in Section 31A-22-512, a policy on which no part of the premium is collected from the covered members specifically for their insurance shall insure all eligible members.     (c) A group policy issued under this section is not subject to Sections 31A-22-517 through 31A-22-521.      Amended by Chapter 125, 2005 General Session
UT Code § 31A-22-508 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 508 - National Guard groups.

31A-22-508. National Guard groups.  A policy of group life insurance may be issued on the lives of members of the Utah National Guard under Section 39-1-62.  Enacted by Chapter 242, 1985 General Session
UT Code § 31A-22-509 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 509 - Commissioner's authority to approve other groups.

31A-22-509. Commissioner's authority to approve other groups.  A policy may be issued to a group other than those specified under Sections 31A-22-502 through 31A-22-508, if specifically authorized by the commissioner and if granting the permission is not contrary to public policy. The commissioner may not grant permission to issue these types of policies unless the insurer demonstrates to the commissioner's satisfaction that the proposed group would be actuarially sound, would result in economies of acquisition and administration which justify a group rate, and would not present hazards of adverse selection. The premiums for the policy shall be paid by the policyholder, either from the policyholder's funds or from funds contributed by the covered persons, or from both. Premiums for the policy and any contributions by or on behalf of the insured persons shall be reasonable in relation to the benefits provided.  Enacted by Chapter 242, 1985 General Session
UT Code § 31A-22-510 (2021)
2021 Utah Code|Title 31A - Insurance Code|Chapter 22 - Contracts in Specific Lines|Part 5 - Group Life Insurance|Section 510 - Requirements for group life insurance delivered in another jurisdiction.

31A-22-510. Requirements for group life insurance delivered in another jurisdiction.    (1) A Utah resident may not be enrolled in a policy of group life insurance delivered in another jurisdiction in violation of Subsection (2) or (3), notwithstanding any contrary provision in Subsection 31A-1-103(3).     (2) Unless specifically authorized by the commissioner under Section 31A-22-509, coverage under a group life insurance policy delivered in another jurisdiction may not be initially provided to any person unless the policy conforms substantially to one of the types of groups specified under Sections 31A-22-502 through 31A-22-508.     (3) Coverage may not be initially provided to any person in Utah under a group life policy issued in another jurisdiction by an insurer not authorized to engage in life insurance business in Utah unless the policyholder conforms substantially to the type of group specified under Section 31A-22-502, 31A-22-503, or 31A-22-504.    Amended by Chapter 116, 2001 General Session