Connecticut House Bill HB06138

Connecticut 2025 Regular Session

• Introduced: 1/22/25
• Refer: 1/22/25

Caption

An Act Requiring Cancellation Notices Of Property Or Casualty Insurance Coverage For Seniors.

Impact

If enacted, this bill would amend Chapter 700 of the general statutes, thereby impacting state laws governing insurance practices. By requiring companies to notify senior policyholders adequately, the bill aims to enhance consumer protection for older adults, who may be more susceptible to sudden loss of coverage without prior warning. This change could improve the overall communication between insurance providers and elderly clients.

Summary

House Bill 06138 aims to mandate property and casualty insurance companies to provide written cancellation notices to policyholders who are 65 years of age or older. The bill specifically focuses on ensuring that seniors, or their authorized representatives, receive timely notifications if their insurance coverage is in danger of cancellation or has already been canceled. This initiative seeks to protect vulnerable elderly individuals by informing them of any changes in their coverage status.

Contention

While the bill is primarily aimed at safeguarding seniors, it may raise questions among insurance companies about the operational burden of implementing additional notification processes. Such requirements could lead to concerns regarding the potential increase in administrative costs and implications for pricing structures in the insurance market. Nonetheless, advocates for the bill argue that these measures are necessary to ensure that seniors are not left vulnerable to abrupt policy rescissions without notification.