VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2012 SESSION

• | print version

SB 39 Life, Accident, and Sickness Insurance Guaranty Association; increases maximum amount of coverage.

Introduced by: Bryce E. Reeves | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Life, Accident, and Sickness Insurance Guaranty Association.  Increases the maximum amount of coverage provided by the Virginia Life, Accident, and Sickness Insurance Guaranty Association for life insurance death benefits from $300,000 to $500,000. The measure also increases the maximum amount that the Association may become obligated to cover with respect to (i) the net cash surrender and net cash withdrawal values for life insurance policies from $100,000 to $200,000 and (ii) the present value of annuity benefits, including net cash surrender and net cash withdrawal values, from $250,000 to $500,000.

FULL TEXT

• 12/30/11  Senate: Prefiled and ordered printed; offered 01/11/12 12100992D  pdf

HISTORY

• 12/30/11  Senate: Prefiled and ordered printed; offered 01/11/12 12100992D
• 12/30/11  Senate: Referred to Committee on Commerce and Labor
• 01/16/12  Senate: Passed by indefinitely in Commerce and Labor (16-Y 0-N)