Section 500.2018 - False or fraudulent statements or representations as to application for insurance policy.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.2018 False or fraudulent statements or representations as to application for insurance policy.
Sec. 2018.
An unfair method of competition and an unfair or deceptive act or practice in the business of insurance include making false or fraudulent statements or representations on or relative to an application for an insurance policy for the purpose of obtaining a fee, commission, money, or other benefit from an insurer, agent, broker, or individual.
History: Add. 1976, Act 273, Eff. Apr. 1, 1977
Popular Name: Act 218