1. (1) A group annuity filing shall comply with:

   1. (a) Title 31A, Chapter 21, Insurance Contracts in General;
   2. (b) Title 31A, Chapter 22, Part 4, Life Insurance and Annuities;
   3. (c) Title 31A, Chapter 22, Part 5, Group Life Insurance; and
   4. (d) Rule R590-191.

2. (2) An insurer shall determine if a group is an eligible group or a discretionary group.

   1. (a) Eligible Group.

      1. (i) A filing for an eligible group shall include a Utah Life and Annuity Group Questionnaire.
      2. (ii) A questionnaire shall be completed for each eligible group under Sections 31A-22-501.1 through 31A-22-508.
      3. (iii) When a filing applies to more than one employer or employee group, only one questionnaire is required.

   2. (b) Discretionary Group.

      1. (i) If a group is not an eligible group, specific discretionary group authorization shall be obtained.
      2. (ii) If a filing is submitted without discretionary group authorization, the filing shall be rejected.
      3. (iii) To obtain discretionary group authorization, a compliant Utah Life and Annuity Request for Discretionary Group Authorization shall be submitted.
   3. (c) A change to an authorized discretionary group shall be submitted to the department within 30 days of the change.
   4. (d) The commissioner may periodically re-evaluate a group's authorization.
   5. (e) An insurer shall file a separate discretionary group authorization to add another TOI to a previously authorized group.

KEY: annuity insurance filings

Date of Last Change: May 1, 2023

Notice of Continuation: March 7, 2024

Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-2-201.1; 31A-2-202