Friday, January 25, 2008
Cohen Bill Prohibiting Life Insurance Discrimination Based on Foreign Travel Advances
Measure Would Prevent Companies from Using Past or Future Travel Plans as a Means of Denying or Altering Coverage
Legislation Assemblyman Neil M. Cohen sponsored to prohibit life insurance companies from unfairly discriminating against individuals based on their past or future foreign travel plans was released today from the Assembly Financial Institutions and Insurance Committee.
"Detrimentally altering people's life insurance coverage because of their foreign travel plans is an intolerable insurance underwriting practice," said Cohen (D-Union), the chairman of the Assembly Financial Institutions and Insurance Committee. "A person's legitimate travel lifestyle must never be exploited by insurance companies as a new avenue for financial gains..."
PoliticalTicker New Jersey: Cohen Bill Prohibiting Life Insurance Discrimination Based on Foreign Travel Advances
Legislation Assemblyman Neil M. Cohen sponsored to prohibit life insurance companies from unfairly discriminating against individuals based on their past or future foreign travel plans was released today from the Assembly Financial Institutions and Insurance Committee.
"Detrimentally altering people's life insurance coverage because of their foreign travel plans is an intolerable insurance underwriting practice," said Cohen (D-Union), the chairman of the Assembly Financial Institutions and Insurance Committee. "A person's legitimate travel lifestyle must never be exploited by insurance companies as a new avenue for financial gains..."
PoliticalTicker New Jersey: Cohen Bill Prohibiting Life Insurance Discrimination Based on Foreign Travel Advances