SB 1348: Life and disability insurance contracts.
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-20
Current Status:
In Progress
(2026-03-04: Referred to Com. on RLS.)
Introduced
In Committee
Awaiting First Chamber Vote
Passed First Chamber
In Committee
Awaiting Second Chamber Vote
Passed Second Chamber
Enacted
What does this bill do?
This bill updates the Insurance Code to use gender-neutral singular "they/them" and makes minor wording changes in the list of who has an insurable interest (the right to buy insurance on someone's life or health). It keeps the same groups covered: yourself, people who depend on you for education or support, people who owe you money or services, and people whose life affects an estate.
The summary is provided by generative AI which can make mistakes. For original language, please view the details in the table below.
Existing law generally regulates classes of insurance, including life and disability insurance. Existing law grants a person an insurable interest in the life and health of, among others, themselves or a person upon whom they depend for education or support.
This bill would make technical, nonsubstantive changes to that provision.
Every A person has an insurable interest in the life and health of:
(a)Himself.(a)Themselves.
(b)Any A person on whom he depends they depend wholly or in part for education or support.
(c)Any A person under a legal obligation to him them for the payment of money or respecting property or services, of which death or illness might delay or prevent the performance.
(d)Any A person upon whose life any an estate or interest vested in him them depends.
|
Date
|
Status
|
|---|---|
| Mar 4, 2026 | Referred to Com. on RLS. |
| Feb 23, 2026 | From printer. May be acted upon on or after March 23. |
| Feb 23, 2026 | Read first time. |
| Feb 20, 2026 | Introduced. To Com. on RLS. for assignment. To print. |
This list shows positions taken on this bill by organizations on the date displayed, which is linked to the original source.
Positions by individuals are not included.
Bill Author
Bill Co-Author(s):