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NY A05998
Bill
Status
Introduced
3/30/2023
Primary Sponsor
Vivian Cook
Click for details
AI Summary
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Requires applicants for life insurance policies to submit a physician's statement or medical records containing their medical history at the time of application.
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Prohibits insurers and their agents from rejecting applications or cancelling issued policies based on medical conditions that were disclosed in the submitted statement or medical records.
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Applies to life insurance policies issued under New York insurance law.
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Takes effect immediately upon enactment.
Legislative Description
Prohibits insurers from cancelling life insurance policies based on a medical condition that was disclosed in the application for insurance.
Last Action
referred to insurance
1/3/2024
Committee Referrals
Insurance3/30/2023
Full Bill Text
No bill text available