(1) The following portions of insurance policies shall appear conspicuously in the policy:
(a) as required by Subsections 31A-21-201(3)(a)(iii) and (iv):
(i) the exact name of the insurer;
(ii) the state of domicile of the insurer; and
(iii) for life insurance and annuity policies only, the address of the administrative office of the insurer;
(b) information that two or more insurers under Subsection (1)(a) undertake only several liability, as required by Section 31A-21-306;
(c) if a policy is assessable, a statement of that;
(d) a statement that benefits are variable, as required by Section 31A-22-411; however, the methods of calculation need not be in a prominent position;
(e) the right to return a life or accident and health insurance policy under Sections 31A-22-423 and 31A-22-606; and
(f) the beginning and ending dates of insurance protection.
(2) Each clause listed in Subsection (1) shall be displayed conspicuously and separately from any other clause.