§ 31A-22-522. Required provision for notice of termination.


Latest version.
  • (1) A policy for group or blanket life insurance coverage issued or renewed after July 1, 2001, shall include a provision that obligates the policyholder to notify each employee or group member:
    (a) in writing;
    (b) 30 days before the date the coverage is terminated; and
    (c)
    (i) that the group or blanket life insurance coverage is being terminated; and
    (ii) the rights the employee or group member has to convert coverage upon termination.
    (2) For a policy for group or blanket life insurance coverage described in Subsection (1), an insurer shall:
    (a) include a statement of a policyholder's obligations under Subsection (1) in the insurer's monthly notice to the policyholder of premium payments due; and
    (b) provide a sample notice to the policyholder at least once a year.
Amended by Chapter 308, 2002 General Session