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Section: 375.1500 Sections 375.1500 To 375.1527 Apply To Life Insurance Policies, Exceptions. Rsmo 375.1500


Published: 2015

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Missouri Revised Statutes













Chapter 375

Provisions Applicable to All Insurance Companies

←375.1312

Section 375.1500.1

375.1503→

August 28, 2015

Sections 375.1500 to 375.1527 apply to life insurance policies, exceptions.

375.1500. Sections 375.1500 to 375.1527 apply to all group and

individual life insurance policies and certificates except:



(1) Variable life insurance;



(2) Individual and group annuity contracts;



(3) Credit life insurance;



(4) Policies written by a company with less than twenty-five million

dollars in annual direct written life insurance premiums;



(5) Life insurance policies with no illustrated death benefits on any

individual exceeding ten thousand dollars;



(6) Life insurance policies containing guaranteed elements exclusively; or



(7) Single premium policies.



(L. 1998 S.B. 722 § 6)







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