State statute · Utah
Credit Life and Accident and Health Insurance
Utah Code Ann. tit. 31A, ch. 22, pt. 8
Edition and licensing notes
Publisher. Utah Office of Legislative Research and General Counsel (le.utah.gov)
Status. US state statute; public domain.
What this document is
Utah Code Ann. tit. 31A, ch. 22, pt. 8: Credit Life and Accident and Health Insurance is a state statute published by Utah Office of Legislative Research and General Counsel (le.utah.gov). It is one of the Utah documents that insurance license exam questions are written from, including utah life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Utah Code Title 31A Chapter 22 § 31A-22-806(2)(e)-(f) (Provisions of Policies and Certificates)
“that the benefits shall be paid to the creditor to reduce or extinguish the unpaid indebtedness; and (f) that whenever the amount of insurance exceeds the unpaid indebtedness, that excess is payable to a beneficiary, other than the creditor, named by the debtor or to the debtor's estate.”
- Utah Code Title 31A Chapter 22 § 31A-22-809 (Right of Debtor to Choose Insurer)
“When credit life insurance or credit accident and health insurance is required as security for any indebtedness, the creditor shall inform the debtor of the debtor's option to furnish the required insurance through existing policies of insurance owned or controlled by the debtor or to procure and...”
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