Mississippi 2023 Regular Session

Mississippi Senate Bill SB2649

Introduced
1/16/23  
Refer
1/16/23  
Engrossed
2/7/23  
Refer
2/13/23  
Enrolled
3/3/23  

Caption

Minority; remove for beneficiaries of certain insurance policies.

Impact

The passage of SB2649 has significant implications for state law concerning insurance beneficiaries. By removing the minority status, the bill ensures that a defined group of beneficiaries—those linked to military service—will have direct access to their entitled benefits, simplifying the process in situations where beneficiaries might otherwise be legally impeded due to their age. This change is expected to enhance the financial security of military families and facilitate smoother claims processes in insurance matters.

Summary

Senate Bill 2649, passed in the Mississippi Legislature, aims to amend the rights of certain beneficiaries of life insurance policies for members and veterans of the United States Armed Forces. Under this bill, beneficiaries who are at least eighteen years old, whether married, unmarried, or legally emancipated, will have the minority removed, thus granting them full legal rights to the benefits outlined in the life insurance policy. This includes the right to file suits and receive settlements under the policy without any restrictions related to their minority status.

Sentiment

Overall, the sentiment surrounding SB2649 appears to be positive, particularly among legislators and advocacy groups that support military personnel and their families. The bill has garnered unanimous support, with a recorded vote of 118 yeas and no nays during its passage in the House. This overwhelming backing suggests a collective recognition of the importance of ensuring that military beneficiaries can assert their rights without barriers associated with minority status.

Contention

While there were no recorded oppositions or notable points of contention during the discussions and voting of SB2649, some might argue that any legislative change concerning beneficiaries could lead to broader discussions about custody and rights for younger beneficiaries in other contexts. Nevertheless, the strong support indicates a general consensus that military beneficiaries deserve clear and unfettered access to their insurance benefits, a view likely rooted in the ongoing commitment to supporting those who serve in the armed forces.

Companion Bills

No companion bills found.

Previously Filed As

MS HB1156

Insurance reimbursement rate for certain out-of-state policies; remove exemptions for.

MS HB1058

Insurance; authorize tax-exempt organizations to be beneficiaries of employee group life insurance policies

MS SB324

Life Insurance; certain protections for life insurance policyholders and beneficiaries; provide

MS A1633

Includes Jewish persons within definitions of "minority," "minority group member," and "minority business."

MS HB360

Health insurance policies; require coverage for certain obesity treatments.

MS HB27

Health insurance policies; require coverage for certain obesity treatments.

MS S760

Allowing for the use of an online tool to change life insurance beneficiaries

MS HB42

Health insurance; require certain policies to provide coverage for physician-prescribed proton beam therapy.

MS S1820

Allows remote patient monitoring of pregnant patients; requires reimbursement for remote patient monitoring rendered to certain Medicaid beneficiaries.

MS SB2518

Universities and colleges; increase certain college renovation funds and require IHL board to develop PPP policies.

Similar Bills

No similar bills found.