Prior to the payment of the accelerated benefit, the insurer shall receive from any assignee or irrevocable beneficiary a signed acknowledgement of concurrence for payout.
Structure Mississippi Code
§ 83-7-103. Accelerated benefit provisions as not representing morbidity risks
§ 83-7-105. Acknowledgement of concurrence for payout prior to payment
§ 83-7-107. Options for payment; minimum amounts
§ 83-7-111. Effective date of accelerated benefit
§ 83-7-115. Discrimination amongst insureds prohibited
§ 83-7-119. Filing valuation method and assumptions with Department of Insurance; content