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2002 SESSION

• | print version

HB 1294 Life insurance; accelerated payment of benefits.

Introduced by: John A. Rollison, III | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Life insurance; accelerated payment of benefits. Allows insurers who issue life insurance policies to provide for the accelerated payment of benefits to the insured during the life of the insured (i) if the insured is unable to perform two major activities of daily living, or (ii) if the insured requires substantial supervision by another person to protect the health and safety of the insured or any other person. The measure does not apply to credit life insurance policies.

FULL TEXT

• 01/18/02  House: Presented & ordered printed 021361916  pdf | impact statement
• 02/06/02  House: Committee substitute printed 025599916-H1  pdf | impact statement
• 03/09/02  House: Bill text as passed House and Senate (HB1294ER)  pdf | impact statement
• 04/02/02  Governor: Acts of Assembly Chapter text (CHAP0343)  pdf

HISTORY

• 01/18/02  House: Presented & ordered printed 021361916
• 01/18/02  House: Referred to Committee on Commerce and Labor
• 02/05/02  House: Reported from C. & L. with substitute (22-Y 0-N)
• 02/06/02  House: Committee substitute printed 025599916-H1
• 02/07/02  House: Read first time
• 02/08/02  House: Read second time
• 02/08/02  House: Committee substitute agreed to 025599916-H1
• 02/08/02  House: Engrossed by House - committee substitute 025599916-H1
• 02/09/02  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
• 02/09/02  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 02/09/02  House: Communicated to Senate
• 02/11/02  Senate: Constitutional reading dispensed
• 02/11/02  Senate: Referred to Committee on Commerce and Labor
• 02/25/02  Senate: Reported from Commerce and Labor (12-Y 0-N)
• 02/27/02  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
• 02/27/02  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
• 02/28/02  Senate: Read third time
• 02/28/02  Senate: Passed Senate (40-Y 0-N)
• 02/28/02  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 03/09/02  House: Bill text as passed House and Senate (HB1294ER)
• 03/18/02  House: Enrolled
• 03/18/02  House: Signed by Speaker
• 03/19/02  Senate: Signed by President
• 04/01/02  Governor: Approved by Governor-Chapter 343 (effective 7/1/02)
• 04/02/02  Governor: Acts of Assembly Chapter text (CHAP0343)