Florida Court Considers Law Forcing Life Insurers To Try To Find Beneficiaries
The Florida Supreme Court will hear a challenge to a 2016 law requiring life insurers to be more aggressive in tracking down beneficiaries.
The Florida Supreme Court will hear a constitutional challenge to a 2016 state law that put new requirements on life-insurance companies to determine whether policyholders have died and to contact beneficiaries.
Four insurers went to the Supreme Court last year after a divided 1st District Court of Appeal upheld the law. The Orlando Sentinel reported this week that the Supreme Court issued an order Monday that it will take up the case.
Florida Supreme Court to hear challenge to insurance law
Published article
TALLAHASSEE, Fla. - The Florida Supreme Court on Monday agreed to hear a constitutional challenge to a 2016 state law that put new requirements on life insurance companies to determine whether policyholders have died and to contact beneficiaries.
Four insurers went to the Supreme Court last year after a divided 1st District Court of Appeal upheld the law. The Supreme Court issued an order Monday saying it would take up the dispute, though it did not set a date for oral arguments.
The case centers on a law that requires insurers to search what is known as the Death Master File or another comparable database annually to determine whether policyholders have died. The Death Master File is a database run by the federal Social Security Administration.
The Florida Supreme Court has agreed to hear a constitutional challenge to a 2016 state law that put new requirements on life-insurance companies to determine whether policyholders have died and to contact beneficiaries.
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https://www.afinalwarning.com/506454.html (Natural News) A group of life insurers has clarified that getting the Wuhan coronavirus (COVID-19) vaccine will not affect people’s policy payout in case of death. The American Council of Life Insurers (ACLI) released a statement debunking alleged rumors circulating on social media platforms. The rumors asserted that getting a COVID-19 jab could play a role in claiming death benefits from insurance firms.
In a statement on its website published March 12, ACLI slammed the social media rumors as “entirely false information.” ACLI Senior Vice President for Policy Development Paul Graham said: “The fact is that life insurers do not consider whether or not a policyholder has received a [COVID-19] vaccine when deciding whether to pay a claim.”