WAR: POLICY Position: B Life Contracts Monitor exclusions, which help an insurer manage risk. War exclusions EXCLUSIONS (Auerbach); typically exclude insurance coverage for loss or disability attributable to acts Insurance Contracts: of war. Acts of war can be declared or undeclared as such, but they are Reinsurance Generally (Wolf); usually made by governments against other governments. The exclusion can be further refined by reference to particular geographic areas, or theaters, of Risk Classification Policy Form Filing war. (McGuffey); exclusions in general as traditional risk management techniques. Support Insurers use exclusions carefully lest they lose market share to others willing LILS #52 Exclusions to assume the risk. for Coverage Web Keywords: risk classification, underwriting WITHHOLDING: Position: B ADVANCE all Monitor bills that require life or health insurers to withhold insurance provisions related to an CHILD SUPPORT benefits to satisfy the child support obligations of the policyholder or obligation. insurer’s beneficiary. Web Keywords: data match Position: Oppose bills that place restrictions on tax and fee benefits to entities that outsource jobs to foreign countries. B WORLDWIDE SOURCING worldwide sourcing Web Keywords: *Discretionary Law: can be B or AB. Laws on topics that are not normally advanced will be advanced if they contain a specific compliance requirement for insurers.
WAR: POLICY EXCLUSIONS Insurance Contracts: Generally Policy Form Filing Position: Monitor exclusions, which help an insurer manage risk. War exclusions typically exclude insurance coverage for loss or disability attributable to acts of war. Acts of war can be declared or undeclared as such, but they are usually made by governments against other governments. The exclusion can be further refined by reference to particular geographic areas, or theaters, of war. Support exclusions in general as traditional risk management techniques. Insurers use exclusions carefully lest they lose market share to others willing to assume the risk. Web Keywords: risk classification, underwriting B Life Contracts (Auerbach); Reinsurance (Wolf); Risk Classification (McGuffey); LILS #52 Exclusions for Coverage WITHHOLDING: CHILD SUPPORT Position: Monitor bills that require life or health insurers to withhold insurance benefits to satisfy the child support obligations of the policyholder or beneficiary. Web Keywords: data match B ADVANCE all provisions related to an insurer’s obligation. WORLDWIDE SOURCING Position: Oppose bills that place restrictions on tax and fee benefits to entities that outsource jobs to foreign countries. Web Keywords: worldwide sourcing B *Discretionary Law: can be B or AB. Laws on topics that are not normally advanced will be advanced if they contain a specific compliance requirement for insurers.