Life insurance; authorize funeral services provider to obtain certain information within two business days.

HB 1034 would require life insurers to provide funeral homes with specific details about a deceased person's life insurance policy within two business days of a valid request. This includes confirming policy existence, listing beneficiaries, disclosing outstanding loans, and stating payable benefits. Funeral homes must then inform beneficiaries in writing (in bold) that insurance funds aren't legally required to cover funeral costs or debts. The bill also establishes penalties for insurers failing to respond timely or for funeral providers making false requests.