Legislation

Providing that an insurance producer that sells a policy of life insurance solely by telephone is deemed to be in compliance with a certain requirement if the life insurer issuing the policy sends a notice via first-class mail within 7 days of the sale and notifies the insured that the insured may surrender the policy within 30 days, the face amount of the policy does not exceed $100,000, a certain license number was disclosed during the call, and the life insurer maintains a certain recording for a certain period of time; etc.

Committees

Original:: Health and Government Operations Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2018

History

Legislation History
Chamber House Calendar Date 3/01/2018 Legislative Date 3/01/2018 Action First Reading House Rules and Executive Nominations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Life Insurance - Sale by Telephone Proceedings
Chamber House Calendar Date 3/09/2018 Legislative Date 3/12/2018 Action Rereferred to Health and Government Operations Proceedings
Chamber House Calendar Date 3/14/2018 Legislative Date 3/14/2018 Action Hearing 3/15 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Health and Government Operations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/20/2018 Legislative Date 3/20/2018 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	3/01/2018	3/01/2018	First Reading House Rules and Executive Nominations
			Text - First - Life Insurance - Sale by Telephone
House	3/09/2018	3/12/2018	Rereferred to Health and Government Operations
House	3/14/2018	3/14/2018	Hearing 3/15 at 1:00 p.m.
			Vote - House - Committee - Health and Government Operations	Click to view Recorded Media
House	3/20/2018	3/20/2018	Withdrawn by Sponsor

File Code

Subjects

Statutes