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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.4419 Prepaid funeral contracts; group life insurance.

83 words·~1 min read·/mi/chapter-500/500-4419

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500.4419 Prepaid funeral contracts; group life insurance.
Sec. 4419.
Group life insurance may be issued in connection with prepaid funeral contracts only if it meets all of the following:
(a)Is issued to an association covering the lives of its members or to a trustee of a group.
(b)Is issued as an associated life insurance policy or annuity contract under section 2080.
(c)Conforms with section 2080.
History: Add. 1998, Act 457 , Imd. Eff. Jan. 4, 1999
Popular Name: Act 218
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