2025 -- S 0465

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LC000289

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2025

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A N   A C T

RELATING TO INSURANCE -- LIFE INSURANCE POLICIES AND RESERVES

     

     Introduced By: Senators Bell, Mack, Kallman, Burke, Euer, Quezada, Valverde, Acosta,
Ujifusa, and Raptakis

     Date Introduced: February 26, 2025

     Referred To: Senate Health & Human Services

     It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 27-4 of the General Laws entitled "Life Insurance Policies and

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Reserves" is hereby amended by adding thereto the following section:

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     27-4-28.1. Prohibition on preexisting condition exclusion in obtaining life insurance.

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     (a) A life insurance policy offered, issued, issued for delivery, or issued to cover a resident

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of this state by a life insurance company licensed pursuant to this title and/or chapter shall not limit

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or exclude coverage for any individual because of a previous denial for coverage or due to

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preexisting medical conditions of that individual.

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     (b) As used in this section, “preexisting condition exclusion” means any limitation or

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exclusion of benefits, including a denial of coverage, applicable to an individual as a result of

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information relating to an individual’s health status before the individual’s effective date of

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coverage, or if the coverage is denied, the date of denial, under the terms of the life insurance

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policy, such as a condition (whether physical or mental) identified as a result of a pre-enrollment

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questionnaire or physical examination given to the individual, or review of medical records relating

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to the pre-enrollment period.

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     (c) Any preexisting condition exclusion language included in a life insurance application,

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binder or life insurance policy issued to or covering a resident of this state is void and

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unenforceable.

 

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     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO INSURANCE -- LIFE INSURANCE POLICIES AND RESERVES

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     This act would prohibit a person from being denied life insurance for preexisting conditions

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or previous denials.

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     This act would take effect upon passage.

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