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Michigan Compiled Laws Complete Through PA 19 of 2024
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218-1956-44
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THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 44
GROUP LIFE INSURANCE

DocumentTypeDescription
Section 500.4400SectionScope of chapter; compliance required.
Section 500.4404SectionEmployee groups; required number of participants; premium payments; group life insurance as part of combined group life and disability insurance policy; "employees" defined.
Section 500.4405SectionGroup life insurance policy; issuance to trust or trustees; requirements.
Section 500.4408SectionNational guard groups; participation authorization.
Section 500.4412SectionLabor union, teacher and postal clerk groups; participation authorization.
Section 500.4416SectionGroup life insurance; groups of borrowers or purchasers.
Section 500.4418SectionGroup life insurance; loans on dwellings or mobile homes; insurer providing monetary benefits to financial institutions; payment of dividends to financial institution.
Section 500.4419SectionPrepaid funeral contracts; group life insurance.
Section 500.4420SectionNonprofit incorporated industrial association groups; executives; participation; other associations, trusts, or trustees; criteria; conditions.
Section 500.4424SectionGroup life insurance offered to groups other than described in MCL 500.4404 to 500.4420.
Section 500.4426SectionExtension of coverage to eligible dependents; amounts; payment of premiums; definitions.
Section 500.4430SectionGroup life insurance policy; filing and approval of form; certain provisions required.
Section 500.4432SectionGroup life insurance policy; incontestability.
Section 500.4434SectionEntire contract; provision; application; representations.
Section 500.4436SectionMisstatement of age; provision required.
Section 500.4438SectionIndividual certificate; notice of conversion rights.
Section 500.4439SectionInsurance under group policy; assignment of rights, effect.
Section 500.4442SectionNew employee; provision required.
Section 500.4446SectionPolicy issued in another state; determination by director.
Section 500.4450SectionEmployer deemed policyholder.
Section 500.4454SectionReadjustment of premium rate; optional provisions.
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