Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS Chapter 375 • Effective - 28 Aug 1998 375.1515. Supplemental illustrations permitted, when — notice required. — 1. A supplemental illustration may be provided so long as: (1) It is appended to, accompanied by or preceded by a basic illustration that complies with sections 375.1500 to 375.1527; (2) The nonguaranteed elements shown are not more favorable to the policy owner than the corresponding elements based on the scale used in the basic illustration; (3) It contains the same statement required of a basic illustration that nonguaranteed elements are not guaranteed; and (4) For a policy that has a contract premium, the contract premium underlying the supplemental illustration is equal to the contract premium shown in the basic illustration. For policies that do not require a contract premium, the premium outlay underlying the supplemental illustration shall be equal to the premium outlay shown in the basic illustration. 2. The supplemental illustration shall include a notice referring to the basic illustration for guaranteed elements and other important information. -------- (L. 1998 S.B. 722 § 11)
Missouri Legal Code