NY A06276 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 27 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 27 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
This bill would enable a senior citizen who is solicited to purchase a so-called "low-value" life insurance policy to make better informed buying choices by requiring the insurer, at the time of delivery of such policy, to make specified disclosure, in a readily understood manner, of material facts concerning important features thereof.
Title
An act to amend the general business law, in relation to limited death benefit life insurance policies for persons aged sixty and over
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to insurance | |
| 2009-02-27 | referred to insurance |
