Mich. Admin. Code R. 550.206

Current through Vol. 24-21, December 1, 2024
Section R. 550.206 - Maximum aggregate provisions

Rule 6. A provision in an individual policy or a certificate that sets a maximum limit on total insurance benefits is operative only if a refund of premium charges has been made on the amount of insurance in excess of the maximum limit, if any, issued to the debtor within 90 days of the effective date of coverage.

Mich. Admin. Code R. 550.206

1987 AACS