BILL · 2025–26 SESSION

SB 5495: Life insurance/suicide limit

Adjusting a limitation of liability in life insurance policies.

Summary

  • Reduces, from two years to one year, the suicide exclusion period in individual, industrial, and credit life insurance policies issued or renewed on or after January 1, 2026.

From the Senate Bill Report (Orig.) (SB 5495), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 27, 2025
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rebecca Saldaña (D-37)
Introduced
January 27, 2025 in the Senate
Last action
January 12, 2026
Budget
Has a fiscal note

AN ACT Relating to limitation of liability in life insurance policies;

Sponsors

Prime sponsor: Rebecca Saldaña (D-37)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. Due to Senate committee reorganization, referred to Business, Trade & Economic Development.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Business, Financial Services & Trade.

SB 5495 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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