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GA SB503

Bill

Status

Introduced

2/28/2012

Primary Sponsor

Greg Goggans

Click for details

Origin

Senate

2011-2012 Regular Session

AI Summary

  • Amends Chapter 25 of Title 33 of the Official Code of Georgia Annotated, relating to life insurance, by adding new Code section 33-25-14
  • Authorizes life insurers in Georgia to offer wellness and health endorsements or riders as part of life insurance policies
  • Requires insurers offering such endorsements or riders to provide a premium reduction to policyholders who meet the wellness and health requirements specified in the endorsement or rider
  • Sponsored by Senators Golden, Bethel, Goggans, Shafer, and Stoner in the Georgia State Senate

Legislative Description

Life Insurance; provide for insurers to offer wellness endorsements or riders under certain circumstances

Last Action

Senate Read Second Time

3/5/2012

Committee Referrals

Insurance and Labor2/28/2012

Full Bill Text

No bill text available