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Replacement Policy; Waiver of Time Periods Applicable to Preexisting Conditions and Probationary Periods - Mich. Comp. Laws Section 500.3917

Legal Research Home > Michigan Laws > Insurance Code Of 1956 > Replacement Policy; Waiver of Time Periods Applicable to Preexisting Conditions and Probationary Periods - Mich. Comp. Laws Section 500.3917

500.3917 Replacement policy; waiver of time periods applicable to preexisting conditions and probationary periods.

Sec. 3917.

If a long-term care insurance policy or certificate replaces another long-term care policy or certificate, the replacing insurer shall waive any time periods applicable to preexisting conditions and probationary periods for similar benefits in the new long-term care policy to the extent that similar exclusions have been satisfied under the original policy.


History: Add. 1992, Act 84, Imd. Eff. June 2, 1992
Popular Name: Act 218

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Last modified: March 17, 2013