Utah Code Title 31A. Insurance Code § 31A-22-423. Policy and annuity examination period

(1)(a) Except as provided under Subsection (2), a life insurance policy, life insurance certificate, annuity contract, or annuity certificate shall contain a notice prominently printed on or attached to the cover or front page of the policy, contract, or certificate stating that the policyholder, contract holder, or certificate holder has the right to return the policy, contract, or certificate for any reason on or before:

(b) For purposes of this section, “return” means a writing that:

(c) A policy, contract, or certificate returned under this section is void from the date of issuance.

(d) A policyholder, contract holder, or certificate holder returning a policy or certificate is entitled to a refund of any premium paid.

(a) group term life insurance issued under Section 31A-22-502;

(b) a group master policy;

(c) a noncontributory certificate;

(d) a credit life insurance certificate; and

(e) other classes of life insurance policies that the commissioner specifies by rule after finding that a right to return those life insurance policies would be impracticable or unnecessary to protect the policyholder's interests.