SB 838 - Loudon, John
Allows life insurance companies to exclude coverage for suicide deaths under certain circumstances
Bill Details
Sponsor
LR Number
3662S.01I
Title
SB 838
House Handler
N/A
Journal Page
Co-Sponsors
Effective Date
August 28, 2006
Current Status
Removed S Consent Calendar
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 838 - This act allows life insurance companies to exclude coverage for suicide for one year after the issuance of the policy. If the life insurance policy excludes coverage for suicide during the first year, and the insured dies as a result of suicide within such period, the insurer must refund all premiums paid.
This act is similar to HB 1060 (1996).
STEPHEN WITTE