Insurance; minors; contract for insurance; parental or guardian consent; effective date.
House Bill 1516 modifies Oklahoma law concerning minors' ability to contract for insurance, primarily affecting individuals aged 15 and 16, their parents, and insurance providers. The bill raises the minimum age for a minor to contract for life or accident and health insurance from 15 to 16 years old. Additionally, it requires signed parental or guardian consent for minors sixteen years of age or older to enter into any type of insurance contract, including life, accident, health, or other forms of insurance. With this consent, these minors are generally bound by the contract terms, except for any unperformed agreements to pay premiums.
Bill status
passed both
4 of 5 stages cleared
Introduction
Feb 2025
Committee Review
May 2025
House Passage
Mar 2025
Senate Passage
May 2025
Governor
Introduced Feb 3, 2025
Last action May 15, 2025
Maddy AI version diff · 4 comparisons
What changed between versions
Floor (House)
→
Floor (Senate)
·
3 edits
MINOR
The bill was amended to add liability protection for insurance agents when minors purchase policies without parental consent, and to clarify the age requirements for minors to contract for insurance. The Senate version also reorganized the structure to better present the amendments to the existing insurance law.
Scope change
The bill's scope expanded to include liability immunity for insurance agents in cases where minors attempt to purchase insurance without proper parental consent.
ENFORCEMENT
Added Section D which states that insurance agents are not liable for failing to obtain signed parental or guardian consent when minors attempt to purchase insurance.
ELIGIBILITY
Changed the minimum age for minors to contract for life or accident insurance from fifteen (15) to sixteen (16) years of age.
TECHNICAL
Reorganized the bill structure and formatting to reflect Senate floor version standards, including updated committee report information.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
24
Key actions
8
Committee
6
Amendments
1
May 7, 2025
Committee
Referred for enrollment
lower
May 7, 2025
Upper · Passed
Engrossed measure signed, returned to House
upper
May 7, 2025
Upper · Passed
Measure passed: Ayes: 44 Nays: 0
upper
Apr 17, 2025
Upper · Passed
Reported Do Pass Business and Insurance committee; CR filed
upper
Mar 18, 2025
Introduced
First Reading
upper
Mar 18, 2025
Lower · Passed
Engrossed, signed, to Senate
lower
Mar 17, 2025
Committee
Referred for engrossment
lower
Mar 17, 2025
Lower · Passed
Third Reading, Measure passed: Ayes: 79 Nays: 5
lower
Mar 17, 2025
Lower · Passed
Amended
lower
Feb 25, 2025
Lower · Passed
CR; Do Pass Commerce and Economic Development Oversight Committee
lower
Feb 12, 2025
Lower · Passed
Policy recommendation to the Commerce and Economic Development Oversight committee; Do Pass Insurance
lower
Feb 4, 2025
Committee
Referred to Insurance
lower
Feb 3, 2025
Introduced
First Reading
lower
2 primary · 0 co-sponsors
Sponsors
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