Bill Text: IN SB0425 | 2015 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Unclaimed life insurance benefits. Requires the department of insurance to develop, post, and maintain on the Internet information concerning life insurance and financial affairs. Specifies that the law concerning unclaimed life insurance benefits: (a) applies to policies, annuities, and retained asset accounts issued after June 30, 2015; and (b) does not prevent the attorney general from performing certain examinations of life insurance company records. Repeals a requirement for insurer procedures related to death master file search data.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2015-05-05 - Public Law 166 [SB0425 Detail]
Download: Indiana-2015-SB0425-Amended.pdf
Bill Title: Unclaimed life insurance benefits. Requires the department of insurance to develop, post, and maintain on the Internet information concerning life insurance and financial affairs. Specifies that the law concerning unclaimed life insurance benefits: (a) applies to policies, annuities, and retained asset accounts issued after June 30, 2015; and (b) does not prevent the attorney general from performing certain examinations of life insurance company records. Repeals a requirement for insurer procedures related to death master file search data.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2015-05-05 - Public Law 166 [SB0425 Detail]
Download: Indiana-2015-SB0425-Amended.pdf
