Group life insurance; coverage to be extended to insure any class of persons. (HB865)

Introduced By

Sen. Adam Ebbin (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Group life insurance coverage. Allows coverage under a group life insurance policy to be extended to insure any class of persons as may mutually be agreed upon by the insurer and the group policyowner. Amends § 38.2-3323, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/08/2008Committee
01/08/2008Prefiled and ordered printed; offered 01/09/08 084697492
01/08/2008Referred to Committee on Commerce and Labor
01/18/2008Impact statement from SCC (HB865)
02/05/2008Assigned C & L sub: 2
02/12/2008Left in Commerce and Labor

Comments

Rick Sincere writes:

If a person wants to designate his brother or his sister as the beneficiary of his life insurance policy, why should the government prevent him from doing so?

The current law is another example of the government interfering in private, contractual relationships in which the only appropriately interested parties are the employer and employee -- not the government.

This bill deserves to be passed and signed into law by the governor.