{"data":{"id":"us-mo/mo.-rev.-stat.-379.1853","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 379.1853","heading":"Effective, when — terminates, when — charges, limitation on length of term.","body":"1. Lender-placed insurance shall become effective no earlier than the date of lapse of insurance upon mortgaged real property subject to the terms of a mortgage agreement or any other state or federal law requiring the same.\n2. Individual lender-placed insurance shall terminate on the earliest of the following dates:\n(1) The date insurance that is acceptable under the mortgage agreement becomes effective, subject to the mortgagor providing sufficient evidence of such acceptable insurance;\n(2) The date the applicable real property no longer serves as collateral for a mortgage loan pursuant to a mortgage agreement;\n(3) Such other date as specified by the individual policy or certificate of insurance;\n(4) Such other date as specified by the lender or servicer; or\n(5) The termination date of the policy.\n3. An insurance charge shall not be made to a mortgagor for lender-placed insurance for a term longer than the scheduled term of the lender-placed insurance, nor shall an insurance charge be made to the mortgagor for lender-placed insurance before the effective date of the lender-placed insurance.","path":["Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS","Chapter 379 - Insurance Other Than Life"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=379.1853","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:27Z","sha256":"cbb0423964d55264154c7798699093f99c9ebb1267749245831c4912de34422c","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-379.1851","next":"us-mo/mo.-rev.-stat.-379.1855"},"notice":"GroundRules: Original legal text. Not legal advice."}