333.1065 Life insurer; prohibited acts.
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333.1065 Life insurer; prohibited acts.
Sec. 15.
A life insurer shall not do any of the following because of the execution or implementation of an order:
(a)Refuse to provide or continue coverage to the declarant.
(b)Charge the declarant a higher premium.
(c)Offer a declarant different policy terms because the declarant has executed an order.
(d)Consider the terms of an existing policy of life insurance to have been breached or modified.
(e)Invoke a suicide or intentional death exemption or exclusion in a policy covering the declarant.
History: 1996, Act 193 , Eff. Aug. 1, 1996