All model laws and resolutions on this page have been adopted by the NCOIL Executive Committee, unless otherwise indicated.
MODEL LAWS
NCOIL Paid Family Leave Insurance Model Act – Adopted 11/19/22
Model Unclaimed Life Insurance Benefits Act – Originally Adopted 11/20/11; Amended Version Adopted 11/23/14; Readopted 3/17/19, 4/14/24
Life Settlements Model Act – Originally Adopted 11/17/00; Amended Versions Adopted 7/16/04, 11/16/07; Readopted 3/9/14, 3/17/19, 4/14/24, 7/20/24; Proposed amendments to Model to be discussed during NCOIL Annual Meeting in November
Secondary Addressee Model Act – Originally Adopted 11/20/96; Readopted 7/12/01, 2/27/04, 7/22/06, 2/26/12, 3/4/17; Amended Version Adopted 7/15/17; Readopted 3/6/22
Insurance Compliance Self-Evaluative Privilege Model Act – Originally Adopted 3/1/98; Readopted 7/13/01, 2/27/04, 7/22/06, 2/26/12, 3/4/17, 3/6/22
Beneficiaries’ Bill of Rights (regarding retained asset accounts) – Originally Adopted 11/21/10; Readopted 2/28/16, 4/18/21
Life Insurance Consumer Disclosure Model Act – Originally Adopted 11/21/10; Readopted 2/28/16, 4/18/21
Long Term Care Tax Credit Model Act – Originally Adopted 7/10/98; Readopted 3/2/01, 7/11/03, 3/4/05, 3/7/10, 2/28/16; 4/18/21
RESOLUTIONS
NCOIL Resolution in Opposition to Potential Rulemaking by the U.S. Department of Labor Fiduciary Rule – Adopted 7/22/23
Resolution Regarding Recruitment, Retention, and Diversity within the Life Insurance Agent Profession – Adopted 7/16/22
Resolution in Support of Position Statement Recognizing Congressional Consent to the Interstate Insurance Product Regulation Compact – Adopted 7/16/22 IIPRC Position Statement 1-2022
Resolution Identifying Certain Enhanced Cash Surrender Value Endorsements As Violating The Standard Nonforfeiture Law – Adopted 7/16/22
Resolution in Support of the Living Donor Protection Act (S.377/H.R. 1255) – Adopted April 18, 2021
In Support of Good Samaritans’ Efforts to Prevent Loss of Life Due to Opioid Efforts – Adopted 3/17/19
In Opposition to the United States Department of Labor (DOL) Fiduciary Rule – Adopted 11/20/16
In Support of Regulating Use of Senior-Specific Certifications/Designations – Adopted 2/26/12
In Support of Expanding Annuity Suitability Requirements – Adopted 3/6/11
Recognizing September 2009 as Life Insurance Awareness Month – Adopted 7/12/09
In Support of State Insurance Commissioner Authority Over Fixed Indexed Annuity Products – Adopted 11/23/08
Recognizing September 2008 as Life Insurance Awareness Month – Adopted 7/13/08
Recognizing September 2007 as Life Insurance Awareness Month – Adopted 7/21/07
Regarding Enforcement of Existing State Insurable Interest Laws, Stranger-Originated Life Insurance (STOLI), and Related NAIC Action — Adopted 3/3/07
In Support of Expanding Annuity Suitability Requirements – Adopted 11/11/06
Recognizing September 2006 as Life Insurance Awareness Month – Adopted 7/22/06
Regarding Improving Access to Underinsured Life Insurance Markets – Adopted 7/8/05
Opposing Expansion of State Insurable Interest Laws — Adopted 3/4/05
Urging Congress to Enact Long-Term Care Partnership Legislation — Adopted 11/19/04
In Support of Modifying the Standard Nonforfeiture Law for Fixed Annuities to Adjust the Guaranteed Minimum Interest Rate — Adopted 11/22/02
Position Statement in Opposition to any Federal Deferred Acquisition Cost (DAC) Tax Increase – Originally Adopted 2/26/99; Readopted 3/2/01
LETTERS
Letter Urging Department of Labor to Withdraw Proposed Fiduciary Rule – 12/29/23
Letter Urging Department of Labor to Consult with State Officials re: “Fiduciary” Definition, Concerns Exist – 7/28/15
Letter to Senate Finance Committee Reaffirming NCOIL Unclaimed Benefits Model Act Consumer Protections/Use of DMF – 4/15/13
Letter to Sen. Harkin Supporting S. 3217 Amendment to Nullify SEC Annuities Rule 151A ─ 5/13/10
Letter to NAIC Expressing Concern with Capital/Surplus Relief Efforts — 7/21/09
Letter to NAIC Regarding Reconsideration of Capital/Surplus Relief Initiative — 1/26/09
Letter to NAIC Objecting to Hybrid Life Settlements Reference — 12/1/08
