Connecticut 2011 2011 Regular Session

Connecticut Senate Bill SB00671 Introduced / Bill

Filed 01/21/2011

                    General Assembly  Proposed Bill No. 671
January Session, 2011  LCO No. 1173
Referred to Committee on Insurance and Real Estate
Introduced by:
SEN. KELLY, 21st Dist.

General Assembly

Proposed Bill No. 671 

January Session, 2011

LCO No. 1173

Referred to Committee on Insurance and Real Estate 

Introduced by:

SEN. KELLY, 21st Dist.

AN ACT CONCERNING CONVERSIONS OF LIFE INSURANCE POLICIES AND ANNUITIES TO LONG-TERM CARE POLICIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to allow an insured under a life insurance policy or contract holder of an annuity to convert such policy or annuity to a long-term care policy.

Statement of Purpose: 

To allow an insured under a life insurance policy or contract holder of an annuity to convert such policy or annuity to a long-term care policy.