War Risk and Aviation Exclusion Clauses

PURPOSE: This rule requires notice of any war risk or aviation exclusions in a life insurance policy, pursuant to the provisions of section 374.045, RSMo and to implement section 376.675, RSMo. (1) Any policy of life insurance issued in this state containing any special war risk and aviation exclusion provisions, notwithstanding any prior approval, must have printed or stamped across its face, in type size no less prominent than the type size used to provide added emphasis in other areas of the policy, all the following statements: (A) “READ YOUR POLICY CAREFULLY” (B) “CERTAIN (WAR, AVIATION) RlSKS ARE NOT ASSUMED.” (State which or both) (C) “IN CASE OF ANY DOUBT WRITE YOUR COMPANY FOR FURTHER EXPLANATION.” (2) The wording of the stamp or printing must correspond with the nature of the exclusion, listing either war or aviation or both risks if contained in the policy. AUTHORITY: sections 374.045 and 376.675, RSMo 1986.* This rule was previously filed as 4 CSR 190-13.150. This version of rule filed July 27, 1964, effective Aug. 6, 1964. Amended: Filed Dec. 5, 1969, effective Dec. 15 1969. Amended: Filed Aug. 5, 1974, effective Aug. 15, 1974. Amended: Filed Jan. 25, 1991, effective Aug. 29, 1991. *Original authority 374.045, RSMo 1967 and 376.675, RSMo 1963, amended 1984.