1. (1) A group insurance policy offering life insurance coverage or a blanket insurance policy offering life insurance coverage shall include a provision that obligates the policyholder to notify each employee or group member:

   1. (a) in writing;
   2. (b) 30 days before the day on which the coverage terminates; and

   3. (c)

      1. (i) that the group insurance policy offering life insurance coverage or blanket insurance policy offering life insurance coverage is being terminated; and
      2. (ii) the rights the employee or group member has to convert coverage upon termination.

2. (2) For a group insurance policy offering life insurance coverage or a blanket insurance policy offering life insurance coverage described in Subsection (1), an insurer shall:

   1. (a) include a statement of a policyholder's obligations under Subsection (1) in the insurer's monthly notice to the policyholder of premium payments due; and
   2. (b) provide a sample notice to the policyholder at least once a year.

Amended by Chapter 252, 2021 General Session