Mich. Comp. Laws § 500.3402f

Current through Public Act 190 of the 2024 Legislative Session
Section 500.3402f - Blanket disability insurance policy; provisions

An insurer shall include in a blanket disability insurance policy the applicable provisions of sections 3406 to 3466 and all of the following provisions:

(a) That the policy and the application signed by the policyholder constitute the entire contract between the parties. The insurer's identification of what constitutes the entire contract creates a rebuttable presumption that the identified items are the entire contract.
(b) That a statement made by the policyholder, in the absence of fraud, is a representation and not a warranty. An insurer shall not use a statement made by the policyholder as a defense to a claim under the policy, unless the statement is contained in a written application.
(c) That individuals who are eligible for coverage, on application of the policyholder, will be added to the group or class originally insured.

MCL 500.3402f

Added by 2016, Act 276,s 38, eff. 7/1/2016.