HF811
SECOND ENGROSSMENT
Insolvent life and health insurance company
policyholder maximum dollar amount increased to provide greater comparability
with limits of federal deposit insurance of bank accounts, other dollar amounts
updated to reflect inflation adjustments already made by law, and prohibited
sales practices modified.
Sec. 1: Insurance benefits limitations modified,
contractual obligations provided, and dollar amounts increased.
Sec. 2:
Prohibited sales practice language modified.
Sec. 3: Forms updated to reflect
dollar amount increases.
Sec. 4: Adjustment of liability limits
repealed.
ERS, 3/31/09