Insurance; notice of lapse in coverage for certain life and accident and sickness policies. (SB777)

Introduced By

Sen. John Watkins (R-Midlothian)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Insurance; notice of lapse in coverage. Restates a provision enacted in 1991 that was intended to provide that the requirement that insurers issuing certain life and accident and sickness insurance policies provide notice of lapse for failure to pay the premium does not apply to group policies, contracts, or plans. In addition, the requirement does not apply to individual policies, contracts, or plans if the insurer, health services plan, or health care plan either (i) as a general business practice provides its policy owners, contract owners, or plan owners with written notices of premiums due or (ii) has furnished its policy owner, contract owner, or plan owner with written notice separate from that contained in the policy that the failure to pay premiums in a timely manner will result in a lapse of such policy, contract, or plan. The measure is declarative of existing law. Read the Bill »


Bill Has Passed


12/18/2012Prefiled and ordered printed; offered 01/09/13 13100715D
12/18/2012Referred to Committee on Commerce and Labor
01/14/2013Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
01/16/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/17/2013Read second time and engrossed
01/18/2013Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/25/2013Placed on Calendar
01/25/2013Read first time
01/25/2013Referred to Committee on Commerce and Labor
02/07/2013Reported from Commerce and Labor (20-Y 0-N) (see vote tally)
02/11/2013Read second time
02/12/2013Read third time
02/12/2013Passed House BLOCK VOTE (100-Y 0-N)
02/12/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/14/2013Impact statement from SCC (SB777)
02/15/2013Bill text as passed Senate and House (SB777ER)
02/15/2013Signed by Speaker
02/17/2013Impact statement from SCC (SB777ER)
02/18/2013Signed by President
03/05/2013G Approved by Governor-Chapter 93 (effective 7/1/13)
03/05/2013G Acts of Assembly Chapter text (CHAP0093)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 35 seconds.


Stephen writes:

This Bill has a bad smell to it.