Virginia House Bill 2529 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2011 - 25% progression, died in chamber
Action: 2011-02-01 - House: Tabled in Commerce and Labor by voice vote
Text: Latest bill text (Introduced) [HTML]

Life insurance; required disclosure. Requires an insurer to provide written notice to the owner of a life insurance policy if (i) an individual insured is age 60 or older or is known to be terminally ill or chronically ill and (ii) the individual requests the surrender of the policy, the individual requests an accelerated death benefit, the insurer sends a notice of lapse of the policy, or the State Corporation Commission otherwise requires the sending of the notice. The notice is required to include information regarding alternatives to the lapse or surrender of the life insurance policy.

Life insurance; required disclosure.

Sen. Lynwood Lewis [D]

Date	Chamber	Action
2011-02-01		House: Tabled in Commerce and Labor by voice vote
2011-01-21		House: Referred to Committee on Commerce and Labor
2011-01-21		House: Presented and ordered printed 11103171D

Chapter	Article	Section	Citation Type	Statute Text
38	2	3117.1	(n/a)	See Bill Text
38	2	3117.2	(n/a)	See Bill Text
38	2	3117.3	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+HB2529
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB2529+hil