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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)
218-1956-40 CHAPTER 40 LIFE INSURANCE POLICIES AND ANNUITY CONTRACT (OTHER THAN INDUSTRIAL OR GROUP) (500.4000...500.4073)
Section 500.4030 Settlement of claim upon death of insured; provision required.
Universal Citation: MI Comp L § 500.4030 (2017)
500.4030 Settlement of claim upon death of insured; provision required.
Sec. 4030.
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
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