Michigan Compiled Laws § 500.3929 Increasing Premiums Prohibited; Conditions.

500.3929 Increasing premiums prohibited; conditions.

Sec. 3929.

The premiums charged to an insured for long-term care insurance shall not increase due to either of the following:

(a) The increasing age of the insured at ages beyond 65.

(b) The duration the insured has been covered under the policy.

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

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Last modified: October 10, 2016