The Green Mountain State has a new law that prohibits financial services companies from discriminating against consumers who are changing genders or who are unclear about whether they are male or female.
The Vermont Department of Banking, Insurance, Securities and Health Care Administration has issued Insurance Division Bulletin Number 153 to tell insurers about the law.
Under the law, “gender identity” means “an individual’s actual or perceived gender identity, or gender-related characteristics intrinsically related to an individual’s gender or gender identity, regardless of the individual’s assigned sex at birth,” department officials say.