Utah Code 31A-21-301. Clauses required to be in a prominent position

31A-21-301. Clauses required to be in a prominent position.

(1)

The following portions of insurance policies shall appear conspicuously in the policy:

Terms Used In Utah Code 31A-21-301

Accident and health insurance: means insurance to provide protection against economic losses resulting from:

(i)

a medical condition including:

(A)	a medical care expense; or

(B)	the risk of disability;

(ii)	accident; or

(iii)

sickness. See Utah Code 31A-1-301

Insurance: includes :

(i)	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

Life insurance: means :

(i)	insurance on a human life; and

(ii)

insurance pertaining to or connected with human life. See Utah Code 31A-1-301

Policy: includes a service contract issued by:

(i)	a motor club under Chapter 11, Motor Clubs;

(ii)	a service contract provided under Chapter 6a, Service Contracts; and

(iii)

a corporation licensed under:

(A)	Chapter 7, Nonprofit Health Service Insurance Corporations; or

(B)

Chapter 8, Health Maintenance Organizations and Limited Health Plans. 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

(a)

as required by Subsections 31A-21-201(3)(a)(iii) and (iv):

(i)	the exact name of the insurer;

(ii)	the state of domicile of the insurer; and

(iii)

for life insurance and annuity policies only, the address of the administrative office of the insurer;

(b)	information that two or more insurers under Subsection (1)(a) undertake only several liability, as required by Section 31A-21-306;

(c)	if a policy is assessable, a statement of that;

(d)	a statement that benefits are variable, as required by Section 31A-22-411; however, the methods of calculation need not be in a prominent position;

(e)	the right to return a life or accident and health insurance policy under Sections 31A-22-423 and 31A-22-606; and

(f)	the beginning and ending dates of insurance protection.

(2)	Each clause listed in Subsection (1) shall be displayed conspicuously and separately from any other clause.

Amended by Chapter 32, 2020 General Session

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