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Committee advances bill requiring 30-day notice before life-insurance lapse
Summary
A House bill that would require insurers to send written notice at least 30 days before an individual life insurance policy lapses for nonpayment, and to show proof of delivery, was reported out of the Consumer Protection and Business Committee with an effective date of Jan. 1, 2027.
House Bill 2428, which would require insurers to send written notice at least 30 days before an individual life insurance policy lapses for nonpayment and to obtain proof of delivery, was reported out of the Consumer Protection and Business Committee on Feb. 4, 2026.
Peter Cloudfelter, committee staff, told members the bill requires insurers to send a notice to the policyholder and any third‑party designee at least 30 days before coverage will lapse for nonpayment and to retain…
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