06 LC 28
2802
Senate
Bill 498
By:
Senators Cagle of the 49th and Adelman of the 42nd
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Chapter 25 of Title 33 of the Official Code of Georgia Annotated, relating
to life insurance, so as to provide that no insurer offering life insurance
coverage to citizens of this state shall deny or refuse to accept an application
for life insurance; refuse to issue or renew a contract of life insurance;
cancel, restrict, or otherwise terminate a contract of life insurance; or charge
a different rate for the same life insurance coverage, based upon an
applicant́s
or
insured́s
past or future travel to the State of Israel; to provide for certain exceptions;
to provide for related matters; to provide an effective date; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Chapter
25 of Title 33 of the Official Code of Georgia Annotated, relating to life
insurance, is amended by adding a new Code Section 33-25-14 to read as
follows:
∀33-25-14.
On
and after July 1, 2006, no insurer offering life insurance coverage to citizens
of this state shall deny or refuse to accept an application for life insurance;
refuse to issue or renew a contract of life insurance; cancel, restrict, or
otherwise terminate a contract of life insurance; or charge a different rate for
the same life insurance coverage, based upon an
applicant́s
or
insured́s
past or future travel to the State of
Israel.∀
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.