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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.4024 Nonforfeiture benefits; cash surrender values; provision required.

57 words·~1 min read·/mi/chapter-500/500-4024

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500.4024 Nonforfeiture benefits; cash surrender values; provision required.
Sec. 4024.
Each life insurance policy shall contain a provision for nonforfeiture benefits and cash surrender values in accordance with the requirements of section 4058, 4060, or 4061.
History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1993, Act 349, Eff. Oct. 1, 1994
Popular Name: Act 218
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