Denial of claim, long-term care insurance, duties of issuer
Known as the Standard Valuation Law
The act spans §§ 376–376 (408 sections).
Effective: 28 Aug 2002; (L. 2002 H.B. 1568 merged with S.B. 1009)
If a claim under a long-term care insurance contract is denied, the issuer shall, within sixty days of the date of a written request by the policyholder or certificate holder, or a representative thereof:
(1) Provide a written explanation of the reasons for the denial; and
(2) Make available all information directly related to the denial.
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.