Life and accident and sickness insurance; notice of lapse of policy, contract, or plan. (SB1213)

Introduced By

Sen. Bill DeSteph (R-Virginia Beach) with support from co-patron Del. Barry Knight (R-Virginia Beach)

Progress

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

Description

Insurance notices. Requires that the policy owner, contract owner, or plan owner under an individual policy, contract, or plan of life insurance, an annuity, or accident and sickness insurance be sent written notice by registered or certified mail prior to the date that the policy, contract, or plan will lapse for failure to pay premiums due. Amends § 38.2-232, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2017Prefiled and ordered printed; offered 01/11/17 17103079D
01/10/2017Referred to Committee on Commerce and Labor
01/20/2017Impact statement from SCC (SB1213)
01/23/2017Passed by indefinitely in Commerce and Labor (11-Y 3-N) (see vote tally)