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2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-39 CHAPTER 39 LONG-TERM CARE INSURANCE (500.3901...500.3955)
Section 500.3929 Increasing premiums prohibited; conditions.
Universal Citation: MI Comp L § 500.3929 (2017)
500.3929 Increasing premiums prohibited; conditions.
Sec. 3929.
The premiums charged to an insured for long-term care insurance shall not increase due to either of the following:
(a) The increasing age of the insured at ages beyond 65.
(b) The duration the insured has been covered under the policy.
History: Add. 1992, Act 84, Imd. Eff. June 2, 1992
Popular Name: Act 218
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