General Assembly Proposed Bill No. 289
January Session, 2013 LCO No. 1545
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. LOONEY, 11th Dist.
General Assembly
Proposed Bill No. 289
January Session, 2013
LCO No. 1545
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT CONCERNING LIFE INSURANCE POLICIES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 38a of the general statutes be amended to require life insurance policies to include a sixty-day grace period and allow policyholders to designate a third party to receive nonrenewal and cancellation notices on their behalf.
Statement of Purpose:
To require life insurance policies to include a sixty-day grace period and allow policyholders to designate a third party to receive nonrenewal and cancellation notices on their behalf.