H-0368.1          _______________________________________________

                                  HOUSE BILL 1041

                  _______________________________________________

State of Washington              53rd Legislature             1993 Regular Session

By Representatives Zellinsky and Mielke

Read first time 01/12/93.  Referred to Committee on Financial Institutions & Insurance.

Altering a limit on family member group life insurance coverage.

     AN ACT Relating to family member coverage under group life insurance policies; and amending RCW 48.24.030.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

     Sec. 1.  RCW 48.24.030 and 1975 1st ex.s. c 266 s 11 are each amended to read as follows:

     (1) Insurance under any group life insurance policy issued pursuant to RCW 48.24.020, or 48.24.050, or 48.24.060, or 48.24.070 or 48.24.090 may, if seventy-five percent of the then insured employees or labor union members or public employee association members or members of the Washington state patrol elect, be extended to insure the spouse and dependent children, or any class or classes thereof, of each such insured employee or member who so elects, in amounts in accordance with a plan which precludes individual selection by the employees or members or by the employer or labor union or trustee, and which insurance on the life of any one family member ((other than)) including a spouse shall not be in excess of fifty percent of the insurance on the life of the insured employee or member ((or two thousand dollars, whichever is less.

     Insurance on the life of a spouse of an insured employee or member shall not exceed fifty percent of the amount of insurance on the life of the insured employee or member)).

     Premiums for the insurance on such family members shall be paid by the policyholder, either from the employer's funds or funds contributed by him, trustee's funds, or labor union funds, and/or from funds contributed by the insured employees or members, or from both.

     (2) Such a spouse insured pursuant to this section shall have the same conversion right as to the insurance on his or her life as is vested in the employee or member under this chapter.

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