HCS HB 1893 -- PREMIUM REFUND CALCULATIONS FOR CREDIT INSURANCE
(Scharnhorst)

COMMITTEE OF ORIGIN:  Special Committee on Financial Institutions
This substitute changes the requirements for premium refund
calculations on credit insurance.  The first month's premium is
earned on the first day of coverage, and each successive month's
premium will be earned on the anniversary date of the coverage.

FISCAL NOTE:  No impact on state funds in FY 2009, FY 2010, and
FY 2011.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm