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IL HB3491

Bill

Status

Failed

1/8/2019

Primary Sponsor

Dan Brady

Click for details

Origin

House of Representatives

100th General Assembly

AI Summary

  • Amends the Unclaimed Life Insurance Benefits Act to exclude pre-need funeral contract or prearrangement policies from the definition of "policy."

  • Excludes life insurance policies used to fund pre-need funeral contracts or prearrangements from the Act's unclaimed benefits provisions.

  • Effective immediately upon passage.

Legislative Description

UNCLAIMED LIFE INS-POLICY

Last Action

Session Sine Die

1/8/2019

Committee Referrals

Rules3/31/2017
Insurance: Health & Life3/7/2017
Executive2/22/2017
Rules2/10/2017

Full Bill Text

No bill text available