2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-42 CHAPTER 42 INDUSTRIAL LIFE INSURANCE (500.4200...500.4244)
Section 500.4222 Table of nonforfeiture benefits.
There shall be a table showing in figures the nonforfeiture benefits available under the policy every year upon default in payment of premiums during at least the first 20 years of the policy, and a provision that the company will furnish upon request an extension of such table beyond the year shown in the policy.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218