Accelerated Benefits

  1. Law
  2. Mississippi Code
  3. Insurance
  4. Life Insurance
  5. Accelerated Benefits

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Section
83-7-101

Definitions

Section
83-7-103

Accelerated benefit provisions as not representing morbidity risks

Section
83-7-105

Acknowledgement of concurrence for payout prior to payment

Section
83-7-107

Options for payment; minimum amounts

Section
83-7-109

Requirement that name given coverage be descriptive of coverage provided; disclosure of information; signatures

Section
83-7-111

Effective date of accelerated benefit

Section
83-7-113

Waiver of premium

Section
83-7-115

Discrimination amongst insureds prohibited

Section
83-7-117

Disclosure to consumer of any separate identifiable premium for accelerated benefit; options; examples; pro rata reduction in cash value; non-interest bearing lien against death benefit of policy; accidental death benefit not affected by accelerated benefit

Section
83-7-119

Filing valuation method and assumptions with Department of Insurance; content