Summary of the Truly Agreed Version of the Bill

HCS HB 1090 -- PROPERTY INSURANCE

Under current law, a person may receive real property by a
transfer on death clause in the deed.  This bill makes the
recipient automatically insured under the property insurance
policy in effect at the time of the original owner's death.
Coverage will last for 30 days or until the existing policy
period ends, whichever occurs first.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am