Michigan Compiled Laws § 500.3917 Replacement Policy; Waiver Of Time Periods Applicable To Preexisting Conditions And Probationary Periods.

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

Section: Previous  500.3909  500.3910  500.3910a  500.3910b  500.3911  500.3913  500.3915  500.3917  500.3919  500.3921  500.3923  500.3925  500.3926  500.3926a  500.3927  Next

Last modified: October 10, 2016