MS HB1055

Authorizes licensed funeral directors and funeral establishment employees to request information about a deceased person's life insurance by providing a death notification, written authorization from the person directing disposition, and group affiliation details if applicable.

Requires life insurance companies to respond within two business days with information about existing policies, named beneficiaries, outstanding liens or loans, benefit amounts, and policy reinstatement status within the last 24 months.

Allows requests to be referred to the Office of Consumer Protection if an insurer fails to respond within two business days after receiving all required information.

Requires funeral service providers to make reasonable efforts to locate beneficiaries within 100 hours and provide them with all insurance information obtained, along with a written notice that beneficiaries have no legal obligation to use policy proceeds for funeral or other deceased-related expenses.

Establishes that funeral directors making false requests or failing to comply with notification requirements commit unprofessional conduct and are unfit to practice.