☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 385

< > Effective - 28 Aug 1977 bottom

  385.025.  Credit life and accident insurance, form in which it shall be issued. — Credit life insurance and credit accident and sickness insurance shall be issued only in the following forms:

  (1)  Individual policies of life insurance issued to debtors on a term plan;

  (2)  Individual policies of accident and sickness insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;

  (3)  Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;

  (4)  Group policies of accident and sickness insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.

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(L. 1977 H.B. 610 § 4)


---- end of effective  28 Aug 1977 ----

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