Virginia 2018 Regular Session Status: In Committee

SB 626 — Life insurance on minors; consent of parents.

Last action — Referred to Committee on Commerce and Labor

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House of Delegates
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2018 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

25 added · 24 removed

Plain-language change summary

The amended bill SB 626 now clarifies the requirements for obtaining life insurance policies on minors. Specifically, it states that insurers must obtain written consent from both birth or adoptive parents for a policy to be issued, unless one parent is not available due to unknown whereabouts, legal separation, or termination of rights. Additionally, the bill allows for written consent to be provided electronically if the parties agree to do business online. These changes are important because they aim to protect minors and ensure that their guardians are informed and consenting to any life insurance policies taken out on their behalf.

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SESSION history | hilite | pdf | print version 18103556D SENATE BILL NO.
SESSION history | hilite | pdf | print version 18105716D SENATE BILL NO.
626 Offered January 10, 2018 Prefiled January 10, 2018 A BILL to amend and reenact § 38.2-302 of the Code of Virginia, relating to life insurance on the life of a minor;
626 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Senate Committee on Commerce and Labor on January 22, 2018) (Patron Prior to Substitute--Senator Surovell) A BILL to amend and reenact § 38.2-302 of the Code of Virginia, relating to life insurance on the life of a minor;
---------- Patron-- Surovell ---------- Referred to Committee on Commerce and Labor ---------- Be it enacted by the General Assembly of Virginia:
Be it enacted by the General Assembly of Virginia:
If only one birth or adoptive parent of the minor is alive, that parent shall consent in writing to the issuance of the policy;
If only one birth or adoptive parent of the minor is alive, that parent shall consent in writing to the issuance of the policy.
Consent in writing shall not be required from (i) a parent whose identity or whereabouts is unknown, (ii) a parent from whom the minor has been separated from legal custody, or (iii) a parent whose legal rights have been terminated;
C.
Where consent in writing is required by this section, if the parties have agreed to conduct business by electronic means, such written consent may be transmitted electronically.
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Action History

  1. Referred to Committee on Commerce and Labor

  2. Prefiled and ordered printed; offered 01/10/18 18103556D

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 147 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (147)

147 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

health-insurance
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Frequently asked questions

Who sponsors SB 626?
SB 626 is sponsored by Scott A. Surovell.
What is the current status of SB 626?
This bill died with 2018 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 626?
Track SB 626 free on One Click Politics — get push/email alerts when it moves.

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