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2018 Regular Session



Life Insurance - Life of a Minor - Underwriting Standards and Procedures

Sponsored by:

Delegate Barron


In the House - Favorable with Amendments Report by Health and Government Operations

Synopsis:Authorizing a life insurer to refuse an application for a policy of life insurance on the life of a minor under certain circumstances; requiring an application for a policy of life insurance on the life of a minor to include a certain consent and certain signatures; requiring a life insurer to have justification for underwriting and issuing a life insurance policy on the life of a minor; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Barron
Additional Facts:Cross-filed with: SB0168
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2018
Health and Government Operations  View Committee Hearing
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Beneficiaries -see also- Estates and Trusts
Communications -see also- Electronic Comm; Language; Telecom
Fraud -see also- Forgery
Insurance Administration
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Minors -see also- Age of Majority; Youth
Records -see also- Land Records; Vital Records
Statutes:Article - Insurance
(16-119, 27-803.1)

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February 19, 2018 4:04 P.M.