Utah Code § 31A-22-803

Forms of insurance permitted

Applied in 2 court decisions — leading case Speros v. Fricke (2004)

Most recently applied in Progressive Casualty Insurance Co. v. Ewart (July 2007)

Amended by Chapter 116, 2001 General Session

Credit life insurance and credit accident and health insurance may be issued only in the following forms:

(1) individual policies of term life insurance issued to debtors;

(2) individual policies of term accident and health insurance issued to debtors, or accident and health benefit provisions in individual policies of credit life insurance;

(3) group policies of term life insurance issued to creditors, providing insurance upon the lives of debtors;

(4) group policies of term accident and health insurance issued to creditors insuring debtors, or accident and health benefit provisions in group credit life insurance policies.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.