Assembly Bill A9458A

Signed By Governor
2013-2014 Legislative Session

Relates to required form for exclusion language

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2013-A9458 - Details

See Senate Version of this Bill:
S4374
Law Section:
Insurance Law
Laws Affected:
Amd §3201, Ins L

2013-A9458 - Summary

Relates to required form for exclusion language; permits superintendent of insurance to establish such form through promulgation of regulations.

2013-A9458 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9458

                          I N  A S S E M B L Y

                             April 30, 2014
                               ___________

Introduced by M. of A. CAHILL -- read once and referred to the Committee
  on Insurance

AN  ACT  to amend the insurance law, to allow for certain life insurance
  policy provisions to be disclosed in an alternative, equally prominent
  manner

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  The opening paragraph of paragraph 4 of subsection (c) of
section 3201 of the insurance law is amended to read as follows:
  The superintendent shall not approve any life  insurance  policy  form
containing  any  war or travel exclusion or restriction, for delivery or
issuance for delivery in this state, unless such policy form shall  have
printed  or  stamped  across  its face in red and in capital letters not
smaller than twelve point type, OR IN AN  EQUALLY  PROMINENT  MANNER  AS
APPROVED BY THE SUPERINTENDENT, the following:
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09743-01-3


              

co-Sponsors

multi-Sponsors

2013-A9458A (ACTIVE) - Details

See Senate Version of this Bill:
S4374
Law Section:
Insurance Law
Laws Affected:
Amd §3201, Ins L

2013-A9458A (ACTIVE) - Summary

Relates to required form for exclusion language; permits superintendent of insurance to establish such form through promulgation of regulations.

2013-A9458A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 9458--A

                          I N  A S S E M B L Y

                             April 30, 2014
                               ___________

Introduced by M. of A. CAHILL -- read once and referred to the Committee
  on  Insurance -- committee discharged, bill amended, ordered reprinted
  as amended and recommitted to said committee

AN ACT to amend the insurance law, to allow for certain  life  insurance
  policy provisions to be disclosed in an alternative, equally prominent
  manner

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The opening paragraph of paragraph 4 of subsection  (c)  of
section 3201 of the insurance law is amended to read as follows:
  The  superintendent  shall  not approve any life insurance policy form
containing any war or travel exclusion or restriction, for  delivery  or
issuance  for delivery in this state, unless such policy form shall have
printed or stamped across its face in red and  in  capital  letters  not
smaller than twelve point type, OR IN AN EQUALLY PROMINENT MANNER ESTAB-
LISHED  AT  THE DISCRETION OF THE SUPERINTENDENT AND PROMULGATED THROUGH
REGULATIONS, the following:
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09743-02-4


              

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