Michigan Compiled Laws § 500.3404 Disability Insurance Policies Issued For Delivery To Nonresident.

500.3404 Disability insurance policies issued for delivery to nonresident.

Sec. 3404.

If any policy is issued by an insurer domiciled in this state for delivery to a person residing in another state, and if the official having responsibility for the administration of the insurance laws of such other state shall have advised the commissioner that any such policy is not subject to approval or disapproval by such official, the commissioner may by ruling require that such policy meet the standards set forth in section 3402 and in sections 3406 through 3466.

History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218

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Last modified: October 10, 2016