31A-22-1408 - Right of return -- Notice.
31A-22-1408. Right of return -- Notice.
Individual long-term care insurance policyholders and certificate holders other thanemployee and labor union certificate holders have the right to return the policy within 30 days ofits delivery and to have the premium refunded if the policyholder is not satisfied for any reasonafter examination of the policy. Individual long-term care insurance policies shall have a noticeprominently printed on the first page of the policy or attached to the policy stating in substancethat the policyholder has the right to return the policy within 30 days of its delivery and to havethe premium refunded if the policyholder is not satisfied for any reason after examination of thepolicy.
Enacted by Chapter 243, 1991 General Session