HB 2719

                                 SECOND REGULAR SESSION
                    HOUSE BILL NO. 2719
                           103RD GENERAL ASSEMBLY
                          INTRODUCED BY REPRESENTATIVE DOUGLAS.
 4078H.01I  JOSEPH ENGLER, Chief Clerk
                                            AN ACT
 To repeal section 376.620, RSMo, and to enact in lieu thereof one new section relating to life
        insurance.
 Be it enacted by the General Assembly of the state of Missouri, as follows:
         Section A. Section 376.620, RSMo, is repealed and one new section enacted in lieu
2 thereof, to be known as section 376.620, to read as follows:
         376.620. 1. Any life insurance policy, rider, endorsement, amendment, or certificate
2 issued or delivered in this state may exclude or restrict liability under such policy, rider,
3 endorsement, amendment, or certificate for death as the result of suicide in the event the
4 insured, while sane or insane, dies as a result of suicide within [one year] two years from the
5 date of the issue of such policy, rider, endorsement, amendment, or certificate. If an insured
6 applies for additional death benefits or an increase in death benefits after initial coverage
7 commences, the policy, rider, endorsement, amendment, or certificate may provide for an
8 exclusion for suicide that occurs within [one year] two years after any addition or increase in
9 death benefits only to the extent of the additional or increased death benefits. Any such
10 exclusion or restriction shall be clearly stated in such policy, rider, endorsement, amendment,
11 or certificate.
122. Any life insurance policy, rider, endorsement, amendment, or certificate which
13 contains any exclusion or restriction under subsection 1 of this section shall also provide that
14 in the event the insured dies as a result of suicide within [one year] two years from the date of
 EXPLANATION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
 intended to be omitted from the law. Matter in bold-face type in the above bill is proposed language.
HB 2719  2
15 issue of such policy, rider, endorsement, amendment, or certificate that the insurer shall
16 promptly refund all premiums paid for the excluded or restricted coverage on such insured.
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