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GA SB467

Bill

Official Source

Status

Introduced

2/21/2018

Primary Sponsor

P.K. Martin

Click for details

Origin

Senate

2017-2018 Regular Session

AI Summary

  • Requires insurers to provide annual statements to policyholders who pay for temporary or permanent disability benefit policies through automatic bank debit or automatic credit card payments
  • Applies to all disability benefit policies, contracts, or certificates of insurance issued, delivered, issued for delivery, or renewed in Georgia
  • Permits delivery of the annual statement via U.S. first-class mail to the policyholder's last address of record
  • Allows electronic delivery of the annual statement if the policyholder provides written agreement to receive notices electronically
  • Adds new Code section 33-24-47.2 to Chapter 24 of Title 33 of the Official Code of Georgia Annotated

Legislative Description

Insurance; annual statements to policyholder; disability benefit policies through monthly automatic debits; provide

Last Action

Senate Read and Referred

2/21/2018

Committee Referrals

Insurance and Labor2/21/2018

Full Bill Text

No bill text available