Section 500.3608 - Group disability insurance policy; required provisions. - Michigan Statutes

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.3608 Group disability insurance policy; required provisions.

Sec. 3608.

Every policy of group disability insurance shall contain:

(1) A provision that the policy, application of the employer, or executive officer or trustee of any association, and the individual applications, if any, of the employees or members insured, shall constitute the entire contract between the parties, and that all statements made by the employer, or the executive officer or trustee, or by the individual employees or members, shall, in the absence of fraud, be deemed representations and not warranties, and that the statements shall not be used in defense of a claim under the policy, unless they are contained in a written application.

(2) A provision that the insurer will issue to the employer, or to the executive officer or trustee of the association, for delivery to the employee or member, who is insured under the policy, an individual certificate setting forth a statement as to the insurance protection to which he is entitled and to whom payable.

(3) A provision that to the group or class thereof originally insured shall be added from time to time all new employees of the employer, or members of the association eligible to, and applying for insurance in the group or class.

History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1974, Act 50, Eff. July 1, 1974
Popular Name: Act 218