By Ms. Forry of Boston, petition (accompanied by bill, House, No. 949) of Linda Dorcena Forry and others relative to rates. benefits and coverage of savings bank life insurance.  Financial Services.

The Commonwealth of Massachusetts

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PETITION OF:

Linda Dorcena Forry

Patricia A. Haddad

William Lantigua

Benjamin Swan

Mary S. Rogeness

Geraldine Creedon

Joyce A. Spiliotis

Gale D. Candaras

Kathi-Anne Reinstein

Christine E. Canavan

Anne M. Gobi

Alice Hanlon Peisch

Jennifer M. Callahan

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In the Year Two Thousand and Seven.

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An Act relative to savings bank life insurance.

    Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION -.  Section 7 of chapter 178A, as so appearing, is hereby amended by striking out the fourth paragraph, and inserting in place thereof the following:-  “The company in establishing rates, benefits and coverages shall do so consistent with the provisions of Chapter 175, except as provided herein.”