31A-22-426. Coverage description.
80 words·~1 min read·
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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