Mich. Comp. Laws § 550.527

Current through Public Act 171 of the 2024 Legislative Session
Section 550.527 - Offer to purchase policy or certificate; notice to insurer

An offer to purchase a life insurance policy or certificate from the viator shall be transmitted to the insurer providing the life insurance policy, who may advise the viator of other alternatives which may be available under the policy. The notice required by this section shall be transmitted by the provider of the viatical settlement contract.

MCL 550.527

1996, Act 386, Eff. 3/31/1997.