500.4230 Settlement of claim upon death of insured; provision required.
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500.4230 Settlement of claim upon death of insured; provision required.
Sec. 4230.
There shall be a provision that when a policy shall become a claim by the death of the insured, settlement shall be made upon receipt of due proof of death, or not later than 2 months after receipt of such proof.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218