Mo. Rev. Stat. § 376.1118: Benefits funded by a life insurance death benefit acceleration, reports to policyholder required, content.
Where this section sits in the code
- Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS
- Chapter 376 - Life, Health and Accident Insurance
Any time a long-term care benefit, funded through a life insurance vehicle by the acceleration of the death benefit, is in benefit payment status, a monthly report shall be provided to the policyholder. Such report shall include:
(1) Any long-term care benefits paid out during the month;
(2) An explanation of any changes in the policy, such as death benefits or cash values, due to long-term care benefits being paid out; and
(3) The amount of long-term care benefits existing or remaining.
Collected 2026-09-03T22:23:27Z. Source file · JSON