Utah Code § 31A-22-501.1: Employer groups.

(1) The lives of a group of individuals may be insured under a policy:

(a) issued as a policyholder, to:

(i) an employer; or

(ii) an employer sponsored trust for the benefit of the employer's employees;

(b) having an insurable interest as stated in Subsection 31A-21-104(3)(d); and

(c) subject to the requirement of Subsection 31A-21-104(3)(d)(v).

(2) A policy issued under this section is not subject to:

(a) Section 31A-21-311; and

(b) Sections 31A-22-516 through 31A-22-522.