Mich. Comp. Laws § 500.4018

Current through Public Act 156 of the 2024 Legislative Session
Section 500.4018 - Misstatement of age or sex; provisions required

Each life insurance policy shall contain a provision that if there is a misstatement as to the age or sex of the insured in the policy, the amount payable or the death benefit under the policy shall be that which would be purchased by the most recent mortality charge or premium at the correct age or sex.

MCL 500.4018

1956, Act 218, Eff. 1/1/1957 ;--Am. 1993, Act 349, Eff. 10/1/1994.