SB0168 (CH0431)

Find a 2018 Bill:

2018 Regular Session



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

Sponsored by:

Senator Feldman


Approved by the Governor - Chapter 431

Synopsis:Authorizing a life insurer to refuse an application for a policy of life insurance on the life of a minor only 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 take certain actions as part of certain standards and procedures for policy application and acceptance for policies of life insurance on the life of a minor; applying the Act; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Feldman, Benson, Mathias, Oaks, and Rosapepe
Additional Facts:Cross-filed with: HB0027
Bill File Type: Regular
Effective Date(s): January 1, 2019
Finance  View Committee HearingHealth 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

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

May 11, 2018 4:17 P.M.