- (1) Each life insurance policy, annuity contract, and certificate of life insurance shall contain a brief description printed on the cover page.
(2) The description shall include:
- (a) the type of insurance;
- (b) whether it is participating or nonparticipating;
- (c) a significant limitation stated or included in the filed policy, contract, or certificate; and
- (d) a significant specific feature stated or included in the filed policy, contract, or certificate.
Enacted by Chapter 125, 2005 General Session