New York A07266 allows insurers to offer non-insurance benefits as part of group life or health insurance policies.
New York A07266 amends the insurance law to authorize insurers to include non-insurance benefits or services as part of group life or group or blanket accident and health insurance policies. These benefits must be made available to similarly-situated members of the group and specified in the policy and certificate. Permitted benefits include financial and estate planning services, financial counseling for beneficiaries, travel assistance services, grief counseling services, funeral planning services, identity theft services, and any other benefits approved by the superintendent.
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.