Text: HF02150 Text: HF02152 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. NEW SECTION. 511.40 AMENDMENTS WITNESSES.
1 2 An amendment to an individual policy of life insurance
1 3 initiated by an insured person is invalid unless the amendment
1 4 is in writing, signed by the insured person, and witnessed and
1 5 signed by two persons, age eighteen years or older, who are
1 6 not beneficiaries of the policy.
1 7 EXPLANATION
1 8 This bill provides that amendments to life insurance
1 9 policies must be in writing, signed by the insured, and
1 10 witnessed and signed by two persons 18 years of age or older
1 11 who are not beneficiaries of the policy, in order to be valid.
1 12 LSB 6212HH 78
1 13 jj/cls/14
Text: HF02150 Text: HF02152 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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