2006 Utah Code - 31A-22-1410 — Report to policyholder.

     31A-22-1410.   Report to policyholder.
     A monthly report shall be provided to the policyholder any time a long-term care benefit funded through a life insurance vehicle by the acceleration of the death benefit is in benefit payment status. The report shall include:
     (1) any long-term care benefits paid out during the month;
     (2) an explanation of any changes in the policy due to long-term care benefits being paid out such as death benefits or cash values; and
     (3) the amount of long-term care benefits existing or remaining.

Enacted by Chapter 243, 1991 General Session