Section 500.3638 - Blanket disability insurance; insurer, power to issue; filing, approval, classifications, rates.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.3638 Blanket disability insurance; insurer, power to issue; filing, approval, classifications, rates.
Sec. 3638.
(1) Any insurer authorized to write disability insurance in this state shall have the power to issue blanket disability insurance policies.
(2) No such blanket policy may be issued or delivered in this state unless a copy of the form shall have been filed with the commissioner and approved by him.
(3) Such policies shall also be subject to section 3474 (filing of risk classifications and rates).
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218