Legislation
- Title
- Life Insurance - Life of a Minor - Statement on Disclosure
- Sponsored by
- Delegates Barron, Pendergrass, Pena-Melnyk, Bagnall, Bhandari, Carr, Charles, Chisholm, Cullison, Hill, Johnson, Kelly, Kerr, Kipke, Krebs, R. Lewis, Metzgar, Morgan, Rosenberg, Saab, Sample-Hughes, Szeliga, and K. Young
- Status
- Approved by the Governor - Chapter 533
- Analysis
- Fiscal and Policy Note
Synopsis
Altering a certain requirement that a life insurer include, in a certain manner, a certain statement on an application or an endorsement for a policy of life insurance on the life of a minor to allow the life insurer to include the statement on a certain disclosure; and applying the Act to policies of life insurance on the life of a minor issued or delivered in the State on or after January 1, 2020.
Committees
- Opposite:
- Finance
Details
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Last Updated: 2/3/2020 2:29 PM