MCL - 218-1956-42

Download Division | View Division Index
Chapter 500
Act 218 of 1956
Previous Division
Next Division
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 42
INDUSTRIAL LIFE INSURANCE
Document Type Description
Section 500.4200 Section Scope of chapter; other applicable provisions.
Section 500.4201 Section Industrial life insurance; definitions.
Section 500.4204 Section Required policy provisions; exceptions.
Section 500.4206 Section Grace period; provision required.
Section 500.4208 Section Incontestability; provision required, exceptions.
Section 500.4210 Section Policy constitutes entire contract; provision required.
Section 500.4212 Section Misstatement of age; provision required.
Section 500.4214 Section Participation in surplus; provision required.
Section 500.4216 Section Conversion; weekly premium policies; provision required; monthly premium policies.
Section 500.4220 Section Nonforfeiture and cash surrender values.
Section 500.4222 Section Table of nonforfeiture benefits.
Section 500.4224 Section Nonforfeiture benefit; automatic option; provision required.
Section 500.4228 Section Reinstatement; provision required.
Section 500.4230 Section Settlement of claim upon death of insured; provision required.
Section 500.4236 Section Title required.
Section 500.4238 Section Beneficiary changes.
Section 500.4242 Section Limitation of liability; aviation, military or naval service.
Section 500.4244 Section Industrial life insurance; provisions prohibited; right to declare policy void for disease or ailment; rejection; payment of proceeds to other than beneficiary; limitation; settlement at maturity for less than full value; accidental death.