A6833 (2025-26 session)

NY State bill

Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder.

Title
Relates to requirements for making of policy loans
Type
New York State Assembly bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-03-04
In committee
Insurance
Introduced
2025-03-14
Same as
S3862
Law section
Insurance Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources