Missouri Laws 376.882 – Cancellation of policy, refund required — notification
Current as of: 2023 | Check for updates
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1. If a Medicare supplement policy issued, delivered, or renewed in this state on or after January 1, 2011, is cancelled for any reason, the insurer shall refund the unearned portion of any premium paid beyond the month in which the cancellation is effective. Any refund shall be returned to the policyholder within twenty days from the date the insurer receives notice of the cancellation.
2. The policyholder may notify the insurer of cancellation of such Medicare supplement policy by sending written or electronic notification.
Terms Used In Missouri Laws 376.882
- Month: means a calendar month, and "year" means a calendar year unless otherwise expressed, and is equivalent to the words year of our Lord. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020