Life insurance policies; delivery method. (SB1480)
Introduced By
Sen. Frank Ruff (R-Clarksville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Life insurance policies; delivery method. Establishes permissible methods for delivery of a life insurance policy by the insurer to the owner of the policy in order to start the period running during which the owner may exercise a right to examine, surrender, or return a policy for cancellation. Permitted forms of delivery include registered or certified mail; personal delivery, with a signed, written receipt of delivery; first-class mail, with a signed, written receipt of delivery; or other reasonable means, as determined by the Commissioner. If a dispute arises regarding delivery of a policy, the burden of proof shall be on the insurer to establish that the policy was delivered if delivery was not made by one of such manners. In any event, a policy shall be deemed to have been received six months after the date of issuance if the insured has paid premiums pursuant to the contract. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/21/2009 | Presented and ordered printed 090136320 |
01/21/2009 | Referred to Committee on Commerce and Labor |
02/02/2009 | Impact statement from SCC (SB1480) |
02/09/2009 | Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally) |
02/09/2009 | Committee substitute printed 090200320-S1 |
02/10/2009 | Engrossed by Senate - committee substitute SBS1480S1 |
02/10/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/10/2009 | Read second time |
02/10/2009 | Reading of substitute waived |
02/10/2009 | Committee substitute agreed to 090200320-S1 |
02/10/2009 | Engrossed by Senate - committee substitute SB1480S1 |
02/10/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/10/2009 | Passed Senate (39-Y 0-N) (see vote tally) |
02/10/2009 | Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally) |
02/10/2009 | Passed Senate (40-Y 0-N) (see vote tally) |
02/12/2009 | Impact statement from SCC (SB1480S1) |
02/13/2009 | Placed on Calendar |
02/13/2009 | Read first time |
02/13/2009 | Referred to Committee on Commerce and Labor |
02/19/2009 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
02/23/2009 | Read second time |
02/24/2009 | Read third time |
02/24/2009 | Passed House BLOCK VOTE (99-Y 0-N) |
02/24/2009 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/04/2009 | Enrolled |
03/04/2009 | Bill text as passed Senate and House (SB1480ER) |
03/04/2009 | Signed by President |
03/05/2009 | Impact statement from SCC (SB1480ER) |
03/06/2009 | Signed by Speaker |
03/27/2009 | G Approved by Governor-Chapter 299 (effective 7/1/09) |
03/27/2009 | G Acts of Assembly Chapter text (CHAP0299) |