Thursday, December 8, 2005

U.S. LIFE INSURERS TO BE BARRED FROM DISCRIMINATING AGAINST TRAVELERS TO ISRAEL

Israel travel bill passed
The U.S. House of Representatives passed legislation preventing companies from denying life insurance to people who travel to Israel. The Life Insurance Fairness for Travelers Act passed the House on Wednesday as part of the extension of the Terrorism Risk Insurance Act. Introduced by Rep. Debbie Wasserman Schultz (D-Fla.), the bill says companies must make available coverage that does not preclude legal foreign travel, and also restricts premiums for such travel. The measure, which passed 371-49, still must be included in a conference committee version of the legislation.

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