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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 500.3949 Life and long-term care benefits; marketing; compliance.
Universal Citation: MI Comp L § 500.3949 (2017)
500.3949 Life and long-term care benefits; marketing; compliance.
Sec. 3949.
(1) An insurer that has both life and disability authority in this state may market policies containing both life benefits and long-term care benefits.
(2) Except as otherwise provided in this act, if life insurance products contain long-term care benefits, the life insurance benefits in those products shall comply with the requirements of chapters 40 and 44 and the long-term care benefits shall comply with this chapter.
History: Add. 1992, Act 84, Imd. Eff. June 2, 1992
Popular Name: Act 218
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