1.1.................... moves to amend H.F. No. 1394, the delete everything amendment
1.2(H1394DE1), as follows:
1.3Page 5, after line 31, insert:
1.4 "Sec. 15. Minnesota Statutes 2010, section 72A.20, subdivision 24, is amended to read:
1.5 Subd. 24.
Cancellations and nonrenewals. No insurer shall cancel or fail to renew
1.6an individual life or individual health policy or an individual nonprofit health service plan
1.7subscriber contract for nonpayment of premium unless it mails or delivers to the named
1.8insured policy owner, at the
address shown on the policy or subscriber contract policy
1.9owner's last known address, at least 30 days before lapse, final notice of the cancellation
1.10or nonrenewal and the effective date of the cancellation or nonrenewal.
1.11If the named insured is not the policy or subscriber contract owner
on an individual
1.12health policy or an individual nonprofit health service plan subscriber contract, the notice
1.13required by this subdivision must
also be sent to the
insured at the insured's last known
1.14address
, if any, and to the owner's last known address.
1.15Proof of mailing of the notice of lapse for failure to pay the premium before the
1.16expiration of the grace period is sufficient proof that notice required in this subdivision
1.17has been given.
1.18This subdivision does not apply to a life or health insurance policy or contract
1.19upon which premiums are paid at a monthly interval or less and that contains any grace
1.20period required by statute for the payment of premiums during which time the insurance
1.21continues in force."
1.22Renumber the sections in sequence and correct the internal references
1.23Amend the title accordingly