MS SB2381

Increases coverage limits for long-term care insurance from $100,000 to $300,000 and annuity benefits from $100,000 to $250,000 per individual.

Clarifies coverage for equity-indexed products and excludes coverage for Medicare Part C and Part D policies.

Excludes organizations issuing only charitable gift annuities from the definition of "member insurer" subject to the guaranty association.

Increases maximum Class A assessment from $150 to $300 per member insurer annually for administrative and legal costs.

Extends the automatic stay of judicial proceedings from 60 days to 180 days following liquidation, rehabilitation, or conservation orders to allow the association time to act.