Utah Code § 31A-22-807. Filing and approval of forms–Loss ratio standards: Credit Life and Accident and Health Insurance – Utah

Status: Enacted
Year Enacted: 1985
Year Amended: 2008
File: Download

In ascertaining whether the benefits are reasonable in relation to the premium charged, the commissioner shall consider the mortality cost of the life insurance; the morbidity cost of the accident and health insurance; and the reserves set up for the payment of claims unreported or in the process of settlement.

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