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Michigan Compiled Laws Complete Through PA 19 of 2024
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218-1956-6
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THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 6
KINDS OF INSURANCE; REINSURANCE; LIMIT OF RISK

DocumentTypeDescription
Section 500.600SectionInsurance; definitions applicable.
Section 500.602Section“Life” insurance, “transaction of life insurance,” and “life insurance companies” defined.
Section 500.603SectionDefinitions; accelerated benefits; acknowledgment; disclosures; waiver of premium; qualifying event; powers of insurer; pro rata reduction in cash value; actuarial memorandum; policy reserves.
Section 500.606SectionDisability insurance; definition.
Section 500.607SectionGroup disability insurance; definition.
Section 500.608Section"Health" and "health insurance policy" defined.
Section 500.610SectionProperty insurance; definition.
Section 500.614SectionMarine insurance; definition.
Section 500.616SectionInland navigation and transportation insurance; definition.
Section 500.618Section“Legal expense insurance” defined.
Section 500.620SectionAutomobile insurance (limited); definition.
Section 500.624Section“Casualty” defined; combination with property insurance.
Section 500.625SectionAutomobile passenger and liability coverage; expense or disability coverage included.
Section 500.628SectionSurety and fidelity insurance; definition.
Section 500.632SectionInsurers; nonprofit dental care corporation; reinsurance; authorization.
Section 500.636SectionRepealed. 1994, Act 226, Imd. Eff. June 27, 1994.
Section 500.640SectionInsurers; limitation of risk; exceptions; "title insurance" and "title insurer" defined.
Section 500.644SectionLife, disability, and loss of position insurers; limit of risk.
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