19 Miss. Code. R. 2-2.09

Current through December 10, 2024
Rule 19-2-2.09 - Maximum Amount Of Financing Arrangement To Be In Accord With 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 Miss. Code. R. 2-2.09

Miss. Code Ann. §§ 83-5-1; 83-5-29 (Rev. 2011)