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Session 107 - (1987-1988)Printer Friendly
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H*3315 (Rat #0346, Act #0333 of 1988) General Bill, By J.D. Bradley, Boan and J.W. McLeod
Similar (S 0905, S 1093, S 1099)
    A Bill to amend Sections 38-65-60, 38-65-70, 38-65-210, and 38-65-310, Code of Laws of South Carolina, 1976, relating to group life insurance, so as to provide for continued coverage during an insured's total disability and delivery of certificates of insurance to covered debtors, to require adjustments when the sex of an insured is misstated, to increase the limitation on the amount which the insurer may pay to persons who incur expense by reason of the death of an insured with no named beneficiary from five hundred dollars to two thousand dollars and the limitation on the amount of individual coverage a member of a group whose group coverage is terminated may receive from two thousand dollars to ten thousand dollars, to eliminate a restriction on groups which may not be insured by out-of-state insurers, to further define the dependent children whose lives may be insured under group policies and increase the limit of coverage from five thousand dollars to ten thousand dollars, and to eliminate a restriction on the amount of life insurance coverage a person may receive under a franchise or wholesale life insurance plan; to amend the 1976 Code by adding Section 38-65-110 so as to provide for the extension of time for exercising the right of obtaining life insurance without evidence of insurability when notice of the right has not been given as required; and to repeal Section 38-65-80 relating to inapplicability of Chapter 65 of Title 38 to an association of members involved in one hazardous occupation.
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10/06/87House Prefiled
10/06/87House Referred to Committee on Labor, Commerce and Industry
01/12/88House Introduced and read first time HJ-246
01/12/88House Referred to Committee on Labor, Commerce and Industry HJ-247
01/20/88House Committee report: Favorable Labor, Commerce and Industry HJ-412
01/21/88House Read second time HJ-492
01/26/88House Read third time and sent to Senate HJ-537
01/27/88Senate Introduced and read first time SJ-12
01/27/88Senate Referred to Committee on Banking and Insurance SJ-1
02/02/88Senate Recalled from Committee on Banking and Insurance SJ-13
02/04/88Senate Amended SJ-37
02/04/88Senate Read second time SJ-37
02/04/88Senate Unanimous consent for third reading on next legislative day SJ-37
02/05/88Senate Read third time SJ-1
02/05/88Senate Returned SJ-1
02/09/88House Concurred in Senate amendment and enrolled HJ-986
02/18/88 Ratified R 346
02/24/88 Signed By Governor
02/24/88 Effective date 01/01/89
02/24/88 Act No. 333
03/08/88 Copies available



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