31A-22-727. Renewal, cancellation, and modification.
166 words·~1 min read·
/ut/title-31a/chapter-22/31a-22-727A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/4/2022
31A-22-727. Renewal, cancellation, and modification.
(1)Except as provided in Section 31A-22-618.6 , for a group insurance policy offering accident and health insurance or a blanket insurance policy offering accident and health insurance, an insurer may:
(a)decline to renew the policy on the date the policy term expires for a reason stated in the policy; or
(b)cancel the policy at any time for:
(i)nonpayment of a premium when due;
(ii)intentional misrepresentation of a material fact in connection with the coverage;
(iii)performance of an act or practice that constitutes fraud in connection with the coverage; or
(iv)noncompliance with an employer eligibility provision.
(2)Except for a modification required by law, an insurer may only modify a policy at renewal.
(3)Subsection
(2)does not apply to an endorsement by which the insurer:
(a)effectuates a request the policyholder made in writing; or
(b)exercises a specifically reserved right under the policy.
Enacted by Chapter 198 , 2022 General Session