SB 1348: Life and disability insurance contracts.
This bill aims to make nonsubstantive changes to the regulation of life and disability insurance contracts. It would update the provision that grants an insurable interest in the life and health of individuals, allowing for a broader range of dependents. The bill seeks to clarify and refine the existing law, without introducing any significant changes to the underlying policy. The changes would be technical and nonsubstantive, aiming to improve the clarity and consistency of the regulations.
| Mar. 04, 2026 | Referred to Com. on RLS. |
| Feb. 23, 2026 | Read first time. |
| Feb. 23, 2026 | From printer. May be acted upon on or after March 23. |
| Feb. 20, 2026 | Introduced. To Com. on RLS. for assignment. To print. |
| Introduced by Senator Seyarto |
February 20, 2026 |
LEGISLATIVE COUNSEL'S DIGEST
The people of the State of California do enact as follows:
SECTION 1.
Section 10110 of the Insurance Code is amended to read:10110.
(a)Himself.