HB1180

Louisiana HB1180 limits suicide exclusions in life insurance policies to two years and mandates clear notice of any exclusion.

HB1180 establishes that life insurance policies in Louisiana may include a suicide exclusion, but it cannot exceed two years from the policy's issue date. The bill requires insurers to clearly state any suicide exclusion in the policy and provide written notice summarizing the exclusion in plain language. It prohibits insurers from denying benefits for suicides occurring after the two-year exclusion period. Additionally, insurers cannot deny benefits if the suicide results from a diagnosed mental health condition, unless the policy explicitly includes such circumstances within the exclusion.