Michigan Compiled Laws § 500.4419 Prepaid Funeral Contracts; Group Life Insurance.

500.4419 Prepaid funeral contracts; group life insurance.

Sec. 4419.

Group life insurance may be issued in connection with prepaid funeral contracts only if it meets all of the following:

(a) Is issued to an association covering the lives of its members or to a trustee of a group.

(b) Is issued as an associated life insurance policy or annuity contract under section 2080.

(c) Conforms with section 2080.

History: Add. 1998, Act 457, Imd. Eff. Jan. 4, 1999
Popular Name: Act 218

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Last modified: October 10, 2016