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New York policy

A854: Relates to replacement of individual life insurance policies or annuity contracts

NY Assembly · Sponsor Phil Steck

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Relates to replacement of individual life insurance policies or annuity contracts; amends provisions relating to misrepresentations and misleading statements; requires replacements regulation be consistent with policies of the national association of insurance commissioners.

ny-stateassemblylegislationbill

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