Life Insurance Rules & Bulletins
Life Insurance Rules
Insurance rules are issued to implement or interpret the Utah Insurance Code or federal mandates and has the effect of law. The following list is incomplete and only includes those rules that are related to Life Insurance.
- R590-079 Life Insurance Solicitation Rule.
- R590-083 Unfair Discrimination on the Basis of Sex or Marital Status
- R590-088 Prohibited Transactions Between Agents And Unauthorized Multiple Employer
Trusts - R590-091 Credit Life and Disability Insurance
- R590-093 Replacement of Life Insurance and Annuities
Appendixes to R590-093 - R590-094 Rule Permitting Smoker/Nonsmoker Mortality Tables For Use In Determining
Minimum Reserve Liabilities and Nonforfeiture Benefits - R590-095 Rule to Permit the Same Minimum Nonforfeiture Standards for Men and
Women Insureds Under the 1980 CSO and 1980 CET Mortality Tables - R590-096 Rule to Recognize New Annuity Mortality Tables for Use in Determining
Reserve Liabilities for Annuities - R590-098 Unfair Practice in Payment of Life Insurance and Annuity Policy Values
- R590-102 Insurance Department Fee Payment Deadlines
- R590-108 Interest Rate During Grace Period or Upon Reinstatement of Policy
- R590-122 Permissible Arbitration Provisions
- R590-129 Unfair Discrimination Based Solely Upon Blindness or Physical or Mental
Impairment - R590-130 Rules Governing Advertisements of Insurance
- R590-132 Insurance Treatment of Human Immunodeficiency Virus (HIV) Infection
- R590-133 Variable Contracts
- R590-145 REPEALED 9-30-05 Accelerated Benefits Rule
- R590-154 Unfair Marketing Practices Rule
- R590-155 Disclosure of Life and Health Guaranty Association Limitations.
- R590-160 Administrative Proceedings
- R590-177 Life Insurance Illustration Rule
- R590-191 Unfair Life Insurance Claims Settlement Practices.
- R590-198 Valuation of Life Insurance Policies Rule.
- R590-205 Privacy of Consumer Information Compliance Deadline
- R590-206 Privacy of Consumer Financial and Health Information Rule
- R590-208 Uniform Application for Certificate of Authority
- R590-210 Privacy of Consumer Information Exemption for Manufacturer Warranties and Service Contracts
- R590-215 Permissible Arbitration Provisions for Individual & Group Health Ins.
- R590-216 Standards for Safeguarding Customer Information.
- R590-222 Viatical Settlements
- Appendix C - Selling Your Life Insurance Policy
- R590-226 Submission of Life Insurance Filings
- R590-227 Submission of Annuity Filings
- R590-228 Submission of Credit Life & Credit Accident & Health Insurance Form &
Rate Filings - R590-229 Annuity Disclosure
- R590-230 Suitability in Annuity Transactions
- R590-242, Military Sales Practices
- R590-248, Mandatory Fraud Reporting Rule.
- R590-251, Preneed Life Insurance Minimum Standards for Determining Reserve
Liability and Nonforfeiture Values Rule. - R590-252, Use of Senior-Specific Certifications and Professional Designations.
Life Insurance Bulletins
The following bulletins are just those used by the Life Insurance Division. For a complete list of bulletins go to the bulletin index. Bulletins are informational and provide guidance as to how the department will enforce the insurance code.
2008
- 2008-2: Required Reporting of Disciplinary Actions Pursuant to the Military Personnel Financial Services Protection Act, Pub. L. No. 109-290 (2006)
- 2008-3: Statistical Reports Required of Insurers Using the 2001 CSO Preferred Class Structure Table.
2007
- 2007-2: Procedure for Non-Compliant Rate and Form Filings
- 2007-3: Requirement to File Electronically
2006
- 2006-1: Avian Flu Pandemic
- 2006-3: Insurable Interest and Life Insurance
- 2006-5: Allowable Surrender Charge Schedules for Individual Deferred Annuities
2004
- 2004-2: Multi-Insurer Applications, Accident & Health, Life and Annuity
- 2004-3: Annuity Application Forms
2003
- 2003-1: Electronic Submission and Processing of Initial Non-resident Producer Licenses, Initial and Terminated Insurance Company Producer Appointments, Insurer Verification of Producer Licensing and Appointment, and Lists of Current and/or Terminated Appointments.
2002
- 2002-2: Credit Accident and Health Insurance Prima Facie Rates for Open-End Loans
- 2002-6: Standard Nonforfeiture Law for Individual Deferred Annuities
- 2002-7: Discretionary Clauses Prohibited
1996
- 96-10: Life Illustrations - Initial Forms Identification & Certifications of Compliance
1990
- 90-4: Universal Life and Interest Sensitive Life Policy Forms
1987
- 87-7: Group Life and Disability Insurance