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2022 SESSION
(SB679)AMENDMENT(S) PROPOSED BY THE SENATE
GENERAL LAWS AND TECHNOLOGY
1. Line 56, introduced, after the
strike
the remainder of line 56, all of lines 57, 58, and 59, and through dividends on line 60
insert
face amount of any life insurance policy issued to fund a preneed funeral contract shall not be decreased over the life of the life insurance policy except for life insurance policies that have lapsed due to the nonpayment of premiums or have gone to a nonforfeiture option that lowers the face amount as allowed for in the provisions of the policy