HLS 16RS-976 ORIGINAL
2016 Regular Session
HOUSE BILL NO. 348
BY REPRESENTATIVE DAVIS
INSURANCE/LIFE: Provides relative to payment of claims on life insurance
1 AN ACT
2To amend and reenact R.S. 22:1811, relative to life insurance; to provide with respect to
3 payment of claims on life insurance; and to provide for related matters.
4Be it enacted by the Legislature of Louisiana:
5 Section 1. R.S. 22:1811 is hereby amended and reenacted to read as follows:
6 ยง1811. Payment of claims; life policies; penalty
7 A. All death claims arising under policies of insurance issued or delivered
8 within this state shall be settled by the insurer within sixty days after the date of
9 receipt of due proof of death, and if the insurer fails to do so without just cause, the
10 amount due shall bear interest at the rate of eight percent per annum from date of
11 receipt of due proof of death by the insurer until paid.
12 B. If a life insurance policy should reach the limiting age for that policy
13 without the payment of a claim, the insurer shall check the name of the insured in the
14 national database maintained by the Social Security Administration to monitor the
15 death of social security beneficiaries.
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 16RS-976 ORIGINAL
HB NO. 348
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)
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.