Bill > HB2719

This bill modifies existing Missouri law regarding life insurance policies by extending the period during which an insurer can exclude coverage for death by suicide from one year to two years from the policy's issue date. This change applies to the initial policy, as well as any riders, endorsements, amendments, or certificates. If an insured seeks additional or increased death benefits after the policy is in effect, the exclusion for suicide will also extend for two years from the date of that addition or increase, but only for the amount of the additional or increased benefits. Crucially, any policy that includes such a suicide exclusion must also refund all premiums paid for the excluded coverage if the insured dies by suicide within that two-year period. This provision aims to provide a clearer timeframe for suicide exclusions in life insurance policies and ensures that beneficiaries receive a refund of premiums paid for coverage that is ultimately denied due to suicide within the specified period.

https://house.mo.gov/Bill.aspx?bill=HB2719&year=2026&code=R