Top Legislation - View All
Latest Action: 05/16/2008 - Rules - Reported Do Pass Bill TextSCS/SB 865 - Under this act, no life insurance company shall deny or refuse to accept an application for life insurance, refuse to renew, cancel, restrict, or otherwise terminate a policy of life insurance, or charge a different rate for the same life insurance coverage, based upon the applicant’s or insured’s past or future lawful travel destinations. Nothing in this section shall prohibit a life insurance company from denying an application for life insurance, or charging a different premium or rate for such coverage under such policy based on a specific travel destination where the denial or rate differential is based upon sound actuarial principles or is related to actual or reasonably anticipated experience. Under the act, a violation constitutes an unfair trade practice. The act provides that it shall apply to life insurance policies issued or renewed on or after August 28, 2008. This act also creates an itemized income tax deduction for life insurance premium payments made [...] show full description
Latest Action: 05/16/2008 - S Inf Calendar H Bills for Third Reading--HB 1617-Cunningham (86), et al (Dempsey) Bill Text
HB 1617 - IRREVOCABLE LIFE INSURANCE TRUSTS - Cunningham, Jane
Allows the assignment of fiduciary obligations under irrevocable life insurance trusts to the Missouri Trust Office of a non-Missouri national bank or trust company
|
Latest Legislation - View All
Latest Action: 05/16/2008 - S Inf Calendar H Bills for Third Reading--HB 1617-Cunningham (86), et al (Dempsey) Bill Text
HB 1617 - IRREVOCABLE LIFE INSURANCE TRUSTS - Cunningham, Jane
Allows the assignment of fiduciary obligations under irrevocable life insurance trusts to the Missouri Trust Office of a non-Missouri national bank or trust company
Latest Action: 05/16/2008 - Rules - Reported Do Pass Bill TextSCS/SB 865 - Under this act, no life insurance company shall deny or refuse to accept an application for life insurance, refuse to renew, cancel, restrict, or otherwise terminate a policy of life insurance, or charge a different rate for the same life insurance coverage, based upon the applicant’s or insured’s past or future lawful travel destinations. Nothing in this section shall prohibit a life insurance company from denying an application for life insurance, or charging a different premium or rate for such coverage under such policy based on a specific travel destination where the denial or rate differential is based upon sound actuarial principles or is related to actual or reasonably anticipated experience. Under the act, a violation constitutes an unfair trade practice. The act provides that it shall apply to life insurance policies issued or renewed on or after August 28, 2008. This act also creates an itemized income tax deduction for life insurance premium payments made [...] show full description
|
