Except as provided in Subsections (2) through (6), this chapter and Chapter 22, Contracts in Specific Lines, apply to all insurance policies, applications, and certificates:
Terms Used In Utah Code 31A-21-101
Accident and health insurance: means insurance to provide protection against economic losses resulting from:
a risk distributing arrangement providing for compensation or replacement for damages or loss through the provision of a service or a benefit in kind;
(ii)
a contract of guaranty or suretyship entered into by the guarantor or surety as a business and not as merely incidental to a business transaction; and
(iii)
a plan in which the risk does not rest upon the person who makes an arrangement, but with a class of persons who have agreed to share the risk. See Utah Code 31A-1-301
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
Statute: A law passed by a legislature.
(a)
delivered or issued for delivery in this state;
(b)
on property ordinarily located in this state;
(c)
on persons residing in this state when the policy is issued; or
a group insurance policy outside the scope of this title under Subsection 31A-1-103(3)(h);
(b)
a blanket insurance policy outside the scope of this title under Subsection 31A-1-103(3)(h); and
(c)
other exemptions provided under Subsection (5).
(5)
The commissioner may by rule exempt any class of insurance contract or class of insurer from any or all of the provisions of this chapter and Chapter 22, Contracts in Specific Lines, if the interests of the Utah insureds, creditors, or the public would not be harmed by the exemption.
Unless clearly inapplicable, any provision of this chapter or Chapter 22, Contracts in Specific Lines, applicable to either a policy or a contract is applicable to both.
