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Section 382.407 Notice to insured, producer to provide, contents.

MO Rev Stat § 382.407 (2019) (N/A)
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Effective 28 Aug 2009

382.407. Notice to insured, producer to provide, contents. — The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer, except that if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in his records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has or will notify the insured.

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(L. 1992 H.B. 1574 § 10, A.L. 2009 H.B. 577)

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Section 382.405 Degree of control required, provisions applicable, exemptions — contract between producer and insurer, requirements — insurer to have audit committee, members, purpose — loss ratios, report to director, contents.
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