Current through Public Act 171 of the 2024 Legislative Session
Section 500.4430 - Group life insurance policy; filing and approval of form; certain provisions required(1) Except as otherwise provided in section 2236(8)(d), a policy of group life insurance shall not be issued or delivered in this state unless and until a copy of the form of the group life insurance has been filed with and approved by the commissioner.(2) A policy of group life insurance shall not be issued or delivered unless it contains in substance the provisions of sections 4432 through 4442. A group universal life policy as defined in section 4001(g) shall not be issued or delivered unless it complies with the provisions of chapter 40.1956, Act 218, Eff. 1/1/1957 ;--Am. 1987, Act 52, Imd. Eff. 6/22/1987 ;--Am. 1990, Act 305, Imd. Eff. 12/14/1990 ;--Am. 1993, Act 349, Eff. 10/1/1994 .