Louisiana 2016 2016 Regular Session

Louisiana House Bill HB348 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 348 Original	2016 Regular Session	Davis
Abstract:  Requires life insurers to check the name of the insured in the national database
maintained by the Social Security Administration if a life insurance policy reaches its
limiting age without the payment of a claim.
Proposed law  provides that if a life insurance policy should reach the limiting age for that  policy
without the payment of a claim, the insurer shall check the name of the insured in the national
database maintained by the Social Security Administration to monitor the death of social security
beneficiaries.
(Amends R.S. 22:1811)