S3008 — Requires the Rhode Island life and health insurance guarantee association to be obligated to cover a minimum of five hundred thousand dollars ($500.000) in present value of annuity benefits, including net cash surrender and net cash withdrawal values.

S3008 — Requires the Rhode Island life and health insurance guarantee association to be obligated to cover a minimum of five hundred thousand dollars ($500.000) in present value of annuity benefits, including net cash surrender and net cash withdrawal values. · Informed CitizenrySenate Bill 3008 aims to strengthen consumer protections within the life and health insurance industry by requiring the Rhode Island Life and Health Insurance Guarantee Association (LHIGA) to maint…Open in Informed Citizenry