Modifies provisions relating to the effect of suicide on life insurance policies

HB 2719 modifies Missouri life insurance law by extending the waiting period for suicide-related death benefit exclusions from one year to two years after a policy's issue date or any increase in coverage. This affects all Missouri life insurance policyholders and insurers, requiring policies to clearly state the two-year exclusion period for suicide deaths. The bill also mandates that insurers must refund all premiums paid for the excluded coverage if the insured dies by suicide within the two-year period. These changes apply to both original policies and any additional coverage added later.