The online versions of legislation provided on this website are not official. Enrolled bills are the final version passed by the Ohio General Assembly and presented to the Governor for signature. The official version of acts signed by the Governor are available from the Secretary of State's Office in the Continental Plaza, 180 East Broad St., Columbus.
|
H. B. No. 421As Passed by the HouseAs Passed by the House
124th General Assembly | Regular Session | 2001-2002 |
| |
REPRESENTATIVES G. Smith, Husted, Seitz, Flowers, Willamowski, Collier, Schaffer, Jolivette, Krupinski, Ogg, Evans, Stapleton, Hughes, McGregor, Reidelbach, Perry, Clancy, Carano, D. Miller, Lendrum, Coates, Sferra, Niehaus, Latell, Flannery, Distel, Cirelli, Roman, Strahorn, Redfern, Allen, Otterman, Sulzer, DeBose, Key, Schmidt, Salerno
A BILL
To amend sections 3905.45 and 3905.451 of the Revised
Code relative to insurance policies that are
issued, sold, or assigned for the purpose of
purchasing funeral or burial goods or services.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That sections 3905.45 and 3905.451 of the Revised
Code be amended to read as follows:
Sec. 3905.45.
No insurer engaged in the business of
providing
(A) If an insurance policy has been issued, sold, or
assigned for the
payment
purpose
of
purchasing any funeral
or
burial goods or services, the insurer shall
not pay
the benefits
of
the insurance policy, including the cash surrender value, to
any
funeral
director or funeral home, licensed under Chapter 4717.
of
the Revised Code
provider of such goods or services,
unless the
insurer, as a condition to paying the benefits of the insurance
policy,
is provided by
receives from the
funeral director or
funeral home with
provider a certified
copy of the certificate of
death of the insured, or other evidence of death satisfactory to
the insurer, and a certificate of
completion. The certificate of
completion shall be signed by the
funeral
director,
provider and
shall certify that the
funeral director or funeral home
provider
has
provided
delivered all the goods and
performed all the
services contracted for, by, or on behalf of the
insured.
(B) A provider of funeral or burial goods or services shall
not pledge, assign, transfer, borrow from, or otherwise encumber
an insurance policy described in division (A) of this section
prior to delivering all the goods and performing all the services
contracted for, by, or on behalf of the insured. However, a
provider may assign or otherwise transfer such a policy to another
provider of funeral or burial goods or services in conjunction
with the assumption by the other provider of the contractual
obligation to provide the goods or services.
Sec. 3905.451.
The sale of a
A life insurance policy
that is
issued, sold, or assigned for the
benefits
purpose of
which are
payable to the provider of
purchasing funeral or burial goods or
services
as payment for
these, and the contractual obligation to
provide the goods or services
is, are not
the sale of a preneed
funeral contract as
defined in
subject to section 1111.19 of the
Revised Code.
Section 2. That existing sections 3905.45 and 3905.451 of the
Revised Code are hereby repealed.
|
|