Delaware HB299 amends life insurance policy restrictions to require insurers to refund premiums if a death benefit is denied due to suicide within.
Delaware HB299 modifies Title 18 of the Delaware Code to change life insurance policy exclusions and restrictions. Specifically, it mandates that insurers refund all premiums if a death benefit is denied due to suicide within one year from the policy's issuance. This change applies to policies issued after the act's effective date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.