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News & Press: Advocacy

New Bill Update: SB 575, Senior Annuity Benefit Protection

Monday, January 4, 2016   (0 Comments)
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Senate Bill 575 protects consumers, specifically the elderly and their caregivers by requiring long-term care insurers to provide annual notification of the availability of non-forfeiture benefits and contingent benefits to the insured and the insured's designated backup contact. This law will go into effect on July 1, 2016.

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