Main Content 218-1956-6 friendly link Printer Friendly index and updates Search within this Statute for 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 500.603SectionAccelerated benefits; qualifying event. Section 500.606SectionDisability insurance; definition. 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; 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.