- (1) Failing to comply with a policyholder request for a policy value within 20 days of receiving the request.
- (2) Exercising the nonforfeiture deferral option of Subsections 31A-22-408(2)(h), 31A-22-409(3)(d), or 31A-22-420(5), in response to a request for policy values unless the financial stability of the insurer is at risk.
Unfair or deceptive acts or practices include:
KEY: insurance law
Date of Last Change: November 8, 2021
Notice of Continuation: April 3, 2024
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-402