SB 905 - Sater, David
Modifies requirements for an insurance producer to be exempt from certain continuing education requirements
Bill Details
Sponsor
LR Number
6145S.01I
Title
SB 905
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2014
Committee
Current Status
Voted Do Pass S Small Business, Insurance and Industry Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 905 - Currently certain life insurance producers are exempt from continuing education requirements when dealing exclusively in life insurance polices and annuities designated by the purchaser for the payment of funeral or burial expenses if the initial face amount is less than five thousand and ten thousand dollars respectively. This act increases the maximum amount to fifteen thousand dollars for such policies and annuities.
MICHELA BIRK