Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1600
       
       
       
       
       
       
                                Ì3221684Î322168                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/20/2017           .                                
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       The Committee on Appropriations (Young) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 282 and 283
    4  insert:
    5         Section 8. Section 626.99291, Florida Statutes, is created
    6  to read:
    7         626.99291 Notice to insureds.—
    8         (1) A life insurer shall provide an individual life
    9  insurance policyholder with a statement informing him or her
   10  that if he or she is considering making changes in the status of
   11  his or her policy, he or she should consult with a licensed
   12  insurance or financial advisor. The statement may accompany or
   13  be included in notices or mailings otherwise provided to the
   14  policyholder.
   15         (2) The statement must also advise the policyholder that he
   16  or she may contact the office for more information and include a
   17  website address or other location or manner by which the
   18  policyholder may contact the office.
   19  
   20  ================= T I T L E  A M E N D M E N T ================
   21  And the title is amended as follows:
   22         Delete line 24
   23  and insert:
   24         practices; creating s. 626.99291, F.S.; requiring life
   25         insurers to provide a specified statement to
   26         individual life insurance policyholders; authorizing
   27         such statements to accompany or be included in notices
   28         or mailings provided to the policyholders; requiring
   29         such statements to include contact information;
   30         providing an effective date.