58-17-109 Exclusion or reduction of benefits.
Exclusion or reduction of benefits.
Any disability income insurance policy may
include provisions that exclude or reduce benefits if the insured is collecting other benefits under a
government program or is eligible to receive benefits under other insurance coverage. If the insured
subsequently receives other benefits for a period for which the insurer paid benefits, the insurer may
require reimbursement from the insured for any benefits already paid that otherwise would not have
been paid. If the insured fails to make timely application for any other insurance coverage or
governmental program for which that insured may be eligible, fails to actively and in good faith
pursue all appeals procedures if benefits under other insurance or governmental program have been
denied, or fails to produce satisfactory evidence that the applications have been made and the appeals
pursued, benefits may be reduced or withheld.
Source: SL 2001, ch 276, § 2.