Senate Bill S4374A

Signed By Governor
2013-2014 Legislative Session

Relates to required form for exclusion language

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Sponsored By

Archive: Last Bill Status Via A9458 - 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-S4374 - Details

See Assembly Version of this Bill:
A9458
Law Section:
Insurance Law
Laws Affected:
Amd §3201, Ins L

2013-S4374 - Summary

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

2013-S4374 - Sponsor Memo

2013-S4374 - Bill Text download pdf

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

                                  4374

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             March 25, 2013
                               ___________

Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
  printed to be committed 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


              

2013-S4374A (ACTIVE) - Details

See Assembly Version of this Bill:
A9458
Law Section:
Insurance Law
Laws Affected:
Amd §3201, Ins L

2013-S4374A (ACTIVE) - Summary

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

2013-S4374A (ACTIVE) - Sponsor Memo

2013-S4374A (ACTIVE) - Bill Text download pdf

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

                                 4374--A
    Cal. No. 967

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             March 25, 2013
                               ___________

Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
  printed to be committed to the Committee on Insurance  --  recommitted
  to the Committee on Insurance in accordance with Senate Rule 6, sec. 8
  -- reported favorably from said committee, ordered to first and second
  report,  ordered  to  a  third reading, amended and ordered reprinted,
  retaining its place in the order of third reading

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.
                                                           LBD09743-03-4


              

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