SENATE AMENDED
PRIOR PRINTER'S NOS. 1228, 1332
PRINTER'S NO. 1922
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
972
Session of
2015
INTRODUCED BY PICKETT, V. BROWN, MILLARD, HELM, MUSTIO, DAVIS,
JAMES, KOTIK, RAPP, McNEILL, KILLION, CUTLER, D. COSTA,
DeLUCA, WATSON, MILNE AND JOZWIAK, APRIL 15, 2015
SENATOR WHITE, BANKING AND INSURANCE, IN SENATE, AS AMENDED,
JUNE 25, 2015
AN ACT
Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An
act relating to insurance; amending, revising, and
consolidating the law providing for the incorporation of
insurance companies, and the regulation, supervision, and
protection of home and foreign insurance companies, Lloyds
associations, reciprocal and inter-insurance exchanges, and
fire insurance rating bureaus, and the regulation and
supervision of insurance carried by such companies,
associations, and exchanges, including insurance carried by
the State Workmen's Insurance Fund; providing penalties; and
repealing existing laws," in life and endowment insurance and
annuities, further providing for policy delivery.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 404-A of the act of May 17, 1921
(P.L.682, No.284), known as The Insurance Company Law of 1921,
added December 18, 1996 (P.L.1003, No.154), is amended to read:
Section 404-A. [Policy Delivery.--When the individual policy
or annuity is delivered to the policyholder by the producer by
hand, a delivery receipt shall be used. This receipt must be in
a least a duplicate set and state the date the policy or annuity
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