19 MAC Pt. 2, R. 2.09

Maximum Amount OfFinancing Arrangement To Be In AccordWith Sound

Year: 2026Length: 82 wordsOfficial source

Cite as 19 Miss. Admin. Code Pt. 2, R. 2.09

Maximum Amount OfFinancing Arrangement To Be In AccordWith Sound Underwriting Practices The maximum amount of any financing arrangement which can be executed in connection with such a transaction will be in accordance with reasonable and sound underwriting practices as determined by the management of the company. It is the recommendation of this office that a financed plan should not be sold to an undergraduate on a basis where premiums would come due prior to the anticipated date of graduation by the insured.
19 MAC Pt. 2, R. 2.09: Maximum Amount OfFinancing Arrangement To Be In AccordWith Sound | Justis AI