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Missouri · Through 2026 legislative session (floor)

Mo. Rev. Stat. § 375.1515: Supplemental illustrations permitted, when — notice required.

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Where this section sits in the code
  1. Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS
  2. Chapter 375 - Provisions Applicable to All Insurance Companies

1. A supplemental illustration may be provided so long as:

(1) It is appended to, accompanied by or preceded by a basic illustration that complies with sections 375.1500 to 375.1527;

(2) The nonguaranteed elements shown are not more favorable to the policy owner than the corresponding elements based on the scale used in the basic illustration;

(3) It contains the same statement required of a basic illustration that nonguaranteed elements are not guaranteed; and

(4) For a policy that has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration. For policies that do not require a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlay shown in the basic illustration.

2. The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information.

Collected 2026-09-03T22:23:27Z. Source file · JSON

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