GA SB324

Insurers must search the NAIC policy locator system quarterly to identify matches with policies and beneficiaries, then confirm matches and contact beneficiaries within 30 days

Policyholders retain the right to their original agent of record even if the policy is sold or transferred to another insurer

Policyholders are entitled to receive annual policy status reports detailing payments, benefits, and conditions, including for fully paid policies

Policyholders may authorize a third party to access policy documents using a standardized form that requires notarization and expires after 12 months maximum

The Insurance Commissioner must publish a policyholder rights statement and authorization form by January 1, 2027, and insurers must annually report policy locator search results beginning that date