Michigan Compiled Laws § 500.4201 Industrial Life Insurance; Definitions.

500.4201 Industrial life insurance; definitions.

Sec. 4201.

“Industrial life insurance,” as used in this code, means that form of life insurance either (1) under which the premiums are payable weekly, or (2) under which the premiums are payable monthly or oftener, but less often than weekly, if the face amount of insurance provided in any such policy is $1,000.00 or less and if the words “industrial policy” are printed upon the policy as a part of the descriptive matter.

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

Section: 500.4200  500.4201  500.4204  500.4206  500.4208  500.4210  500.4212  500.4214  500.4216  500.4220  500.4222  500.4224  500.4228  500.4230  500.4236  Next

Last modified: October 10, 2016