View Our Newest Version Here

2011 Utah Code
Title 31A Insurance Code
Chapter 22 Contracts in Specific Lines
Section 513 Grace period.

31A-22-513. Grace period.
(1) (a) Every group life insurance policy shall contain a provision that the policyholder is entitled to a grace period of not less than 31 days for the payment of any premium due except the first payment of premium.
(b) During the grace period described in Subsection (1)(a) the death benefit coverage continues in force, unless the policyholder gives the insurer written notice of discontinuance:
(i) in advance of the date of discontinuance; and
(ii) in accordance with the policy terms.
(2) The policy may require the policyholder to pay the pro rata premium for the time the policy is in force during the grace period.

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.