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1995 SESSION

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SB 805 Insurance; group life ins. cov. of incapacitated and dep. children.

Introduced by: William C. Wampler, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Insurance; group life insurance coverage of incapacitated and dependent children. Requires covered individuals under a group life insurance policy to submit proof of a child's incapacity and dependency within the schedule established by the bill for purposes of extending coverage for incapacitated and dependent children. The bill requires that proof of incapacity and dependency be furnished to the insurer by the policyowner within 31 days of the child's attainment of the specified age. Subsequent proof may be required by the insurer but not more frequently than annually after the two-year period following the child's attainment of the specified age.


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