| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 2460 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 510 | |
| 6 | 6 | January Session, 2021 | |
| 7 | 7 | LCO No. 2460 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on INSURANCE AND REAL ESTATE | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | SEN. KELLY, 21st Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT CONCERNING NOTICES PROVIDED BY LIFE INSURERS. | |
| 19 | 19 | Be it enacted by the Senate and House of Representatives in General | |
| 20 | 20 | Assembly convened: | |
| 21 | 21 | ||
| 22 | 22 | That title 38a of the general statutes be amended to require each life 1 | |
| 23 | 23 | insurer that issues a life insurance policy in this state to: (1) Provide an 2 | |
| 24 | 24 | annual notice to the owners and beneficiaries of, insureds under and 3 | |
| 25 | 25 | insurance producer that negotiated and sold such policy regarding the 4 | |
| 26 | 26 | status of such policy; and (2) send any notice cancelling such policy to 5 | |
| 27 | 27 | all owners of such policy. 6 | |
| 28 | 28 | Statement of Purpose: | |
| 29 | 29 | To require each life insurer that issues a life insurance policy in this state | |
| 30 | 30 | to: (1) Provide an annual notice to the owners and beneficiaries of, | |
| 31 | 31 | insureds under and insurance producer that negotiated and sold such | |
| 32 | 32 | policy regarding the status of such policy; and (2) send any notice | |
| 33 | 33 | cancelling such policy to all owners of such policy. |