Kansas Administrative Regulations
Agency 40 - INSURANCE DEPARTMENT
Article 2 - LIFE INSURANCE
Section 40-2-9 - Life insurance companies; extra premium payments; limits
Universal Citation: KS Admin Regs 40-2-9
Current through Register Vol. 43, No. 39, September 26, 2024
Premium deposit fund provision and other funds which provide for extra premium payments exceeding the cost of insurance, shall be limited to an amount which, together with the policy reserve, would pay the net single policy premium. An insurance company authorized to do business in the state of Kansas shall not be authorized to accept an excess payment.
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