19 MAC Pt. 2, R. 2.09
Maximum Amount OfFinancing Arrangement To Be In AccordWith Sound
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.