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Bill

HB 1034

Life insurance; authorize funeral services provider to obtain certain information within two business days.

2025 Regular Session Introduced by Earle Banks

Bill requires life insurers to release policyholder information to funeral providers within two business days to expedite death benefit processing.

Died In Committee
#insurance
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WeVote Research Nonpartisan
Bill Summary · HB 1034

Legislative bill overview

HB 1034 would require life insurance companies to provide funeral service providers with certain policyholder information within two business days upon request. The bill appears designed to streamline the claims process and allow funeral homes to quickly verify insurance coverage and expedite benefit payouts to families during their time of need.

Why is this important

Families arranging funerals often face time-sensitive decisions and costs. Faster access to life insurance information could reduce delays in receiving death benefits, potentially alleviating immediate financial burdens. However, the bill also raises questions about the scope of information disclosure and privacy protections during a vulnerable period.

Potential points of contention

  • Privacy and information security: Unclear what specific policyholder information funeral providers would access and whether adequate safeguards prevent misuse of sensitive financial or personal data
  • Verification and fraud prevention: No apparent mechanism to verify the funeral provider's legitimacy or the deceased's actual identity, creating potential fraud risks for insurers
  • Operational burden: Two-business-day timelines may be impractical for insurers processing multiple requests, potentially requiring costly system upgrades and staffing increases

Compiled from official sources — confirm details with the bill’s official record.

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