The purpose of this chapter is to require complete and proper disclosure, transparency, and accountability relating to any method of payment for life insurance death benefits and require that beneficiaries are fully informed in bold type and in layperson’s language of their options.
R.I. Gen. Laws § 27-4.9-2
Purpose
Known as the Beneficiaries’ Bill of Rights Act
The act spans §§ 27–27 (7 sections).
P.L. 2011, ch. 339, § 1; P.L. 2011, ch. 370, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.