DAR File No. 38025

Insurance, Administration

Rule R590-161

Disability Income Policy Disclosure

Five-Year Notice of Review and Statement of Continuation

DAR File No.: 38025
Filed: 09/27/2013 11:58:30 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsection 31A-2-201(3) gives the commissioner the authority to write rules to implement Title 31A of the Insurance Code. The rule requires insurers of disability policies to clearly explain in their policies, group certificates, or outline of coverage forms, if the policy limits will be reduced as a result of other coverage.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

No comments regarding this rule have been received in the past five years.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule provides protection for consumers by disclosing to them what other types of income are considered for reducing a benefit under a disability income policy. Without the rule, consumers may not realize that their policy benefits will be reduced if they are receiving benefits from other policies, social security, and/or workers compensation. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Jilene Whitby at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at jwhitby@utah.gov

Authorized by:

Todd Kiser, Commissioner

Effective:

09/27/2013