Revise insurance laws relating to interest of a named insured and change of interest by transfer on death

Added explicit language in Section 33-15-206 that insurance coverage continues beyond the insured's death when interest transfers via a TOD deed, including all policy terms and conditions.

Updated Section 72-6-412 to clarify that real property insurance coverage extends to the TOD deed beneficiary as if they were the named insured, with temporary coverage lasting up to 45 days after death or until a new policy is placed.

Established a 45-day temporary coverage period for beneficiaries after the owner's death before requiring placement of a replacement insurance policy.

Changed bill formatting from draft version (HB0464.2) to enrolled version (HB 464) with updated certification signatures and layout.

Added language clarifying that insurance coverage continues beyond the named insured's death including all applicable terms and conditions.

Added language specifying that insurance coverage extends to the designated beneficiary as if they were the named insured, unless the beneficiary has disclaimed interest in the real property.

Minor formatting changes to bill header and page numbering.

Bill number changed from LC 2361 to HB 464.1 throughout the document

Primary sponsor name 'S. Fitzpatrick' was added to the bill introduction section

Document header updated to read 'Authorized Print Version - HB 464' instead of just the bill number