06RS HB579

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HB 579 (BR 2143) - J. Gooch Jr, R. Nelson, M. Weaver

AN ACT relating to life insurance.
Create a new section of Subtitle 14 of KRS Chapter 304 to provide that when a life insurance policy becomes a claim by the death of the insured, the insurer must accept as proof of death a written statement by a licensed physician in charge of the person's care for the illness or condition which resulted in death, or a county coroner, or a licensed funeral director; require settlement to be made in a timely manner upon receipt of such written statement if death is from natural causes and the life insurance policy is incontestable.

     Feb 14-introduced in House
     Feb 15-to Banking and Insurance (H)
     Feb 16-posted in committee
     Feb 22-reported favorably, 1st reading, to Calendar
     Feb 23-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, February 24, 2006
     Feb 27-3rd reading, passed 100-0
     Feb 28-received in Senate
     Mar 2-to Banking and Insurance (S)

Vote History

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