31A-30-114. Disclosure.
132 words·~1 min read·
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31A-30-114. Disclosure.
(1)A covered carrier shall make the information described in Subsection
(2)available:
(a)to:
(i)a small employer; or
(ii)an individual; and
(i)at the time of solicitation; or
(ii)upon the request of:
(A)a small employer; or
(B)an individual;
(c)as part of the covered carrier's solicitation and sales materials.
(2)The following information is required to be disclosed or made available under Subsection
(1):
(a)the provisions of the coverage concerning the covered carrier's right to change premium rates; and
(b)the factors that may effect changes in premium rates;
(c)the provisions of the coverage relating to renewability of coverage; and
(d)the provisions of the coverage relating to any preexisting condition exclusion.
Enacted by Chapter 308 , 2002 General Session