Tuesday, August 1, 2017

5 New Minnesota Laws Taking Effect Tuesday

A new law will give insurance companies the go-ahead in limiting life insurance payouts to beneficiaries of suspected terrorists. If a person dies perpetrating a suspected terrorist-related act - they don't have to be convicted - the new law, sponsored by Rep. Joe Hoppe, R-Chaska, and Sen. Warren Limmer, R-Maple Grove, will allow insurance providers to only pay out the amount of premiums paid into a life insurance policy.

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