Bill: HB 3448, 85(R) - 2017
Committee
House Investments & Financial Services
Vote Recommendation
| Vote Recommendation |
Economic Freedom |
Property Rights |
Personal Responsibility |
Limited Government |
Individual Liberty |
| Yes |
Positive |
Neutral |
Neutral |
Neutral |
Neutral |
Author(s)
Oscar Longoria
Bill Caption
Relating to single premium term life insurance offered in connection with certain consumer loans.
Fiscal Notes
No fiscal implication to the State is anticipated.
Bill Analysis
HB 3448 would establish procedures for single premium term life insurance to be offered in connection with certain consumer loans. An additional requirement is created for including insurance charges in the contract.
Vote Recommendation Notes
This would allow life insurance to be offered in a way that it is not currently. This would improve consumer choice and market competition in the life insurance market. We support this bill.
