DAR File No. 27447
Insurance, Administration
R590-79
Life Insurance Disclosure Rule
FIVE-YEAR NOTICE OF REVIEW AND STATEMENT OF CONTINUATION
DAR File No.: 27447
Filed: 09/27/2004, 09:07
Received by: NL
NOTICE OF REVIEW AND STATEMENT OF CONTINUATION
Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:
This rule gets its general rulemaking authority from Subsection 31A-2-201, which authorizes the commissioner to make rules to implement the provisions of Title 31A of the Utah Code.
Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:
The department has received no written comments within the past five years regarding this rule.
Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:
The rule requires disclosure of basic life policy features specified in Part 4 of Chapter 22 of the Insurance Code and specifies the format for disclosure. The disclosure informs and assists consumers in understanding the policy they purchase; and therefore, this rule should be continued.
The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY UT 84114-1201
Direct questions regarding this rule to:
Jilene Whitby at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at jwhitby@utah.gov
Authorized by:
Jilene Whitby, Information Specialist
ADDITIONAL INFORMATION
PLEASE NOTE:
- Please see the DISCLAIMER regarding information available from state web pages.
For questions regarding the content or application of this rule, please contact Jilene Whitby at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at jwhitby@utah.gov
For questions about the rulemaking process, please contact the Division of Administrative Rules (801-538-3764). Please Note: The Division of Administrative Rules is NOT able to answer questions about the content or application of these administrative rules.