If a policyholder has taken a loan against an insurance policy, the insurer of such policy shall annually notify the policyholder of any interest due on the loan.
Mo. Rev. Stat. § 375.298
Loan against policy by policyholder, insurer to give notice of interest due
Known as the Insurance Producers Act
The act spans §§ 375–375 (383 sections).
Effective: 28 Aug 1998; (L. 1998 H.B. 1374 § 1)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.