31A-22-1411. Incontestability period.
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/ut/title-31a/chapter-22/31a-22-1411A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
31A-22-1411. Incontestability period.
(1)For a policy or certificate that has been in force for less than six months, an insurer may rescind a long-term care insurance policy or certificate upon a showing of misrepresentation that is material to the acceptance for coverage.
(2)For a policy or certificate that has been in force for at least six months but less than two years, an insurer may rescind a long-term care insurance policy or certificate upon a showing of misrepresentation that:
(a)is material to the acceptance for coverage; and
(b)pertains to the condition for which benefits are sought.
Enacted by Chapter 344 , 1995 General Session