SB 990 – Prohibits the denial or termination of life insurance policies based solely on age

• Sponsor: May
• LR Number: 5345S.01I
• Committee: Insurance and Banking
• Last Action: 3/5/2020 - Second Read and Referred S Insurance and Banking Committee
• Journal Page: S474
• Effective Date: August 28, 2020

Current Bill Summary

SB 990 - This act provides that no life insurance company doing business in the state shall deny applications for, or terminate, a policy of life insurance based solely on the applicant's or insured's age.

A violation of this provision shall be an unfair trade practice under the Unfair Trade Practice Act.

ERIC VANDER WEERD

Amendments

No Amendments Found.