31A-30-106.5 — Conversion policy -- Premiums -- Rating restrictions.


     31A-30-106.5.   Conversion policy -- Premiums -- Rating restrictions.
     (1) All provisions of Section 31A-30-106, except Subsection 31A-30-106(1)(b), apply to conversion policies.
     (2) Conversion policy premium rates may not exceed by more than 35% the index rate for individuals with similar case characteristics for any class of business in which the policy form has been approved.
     (3) An insurer may not consider pregnancy of a covered insured in determining its conversion policy premium rates.

Amended by Chapter 116, 2001 General Session