500.4419 Prepaid funeral contracts; group life insurance. Sec. 4419. Group life insurance may be issued in connection with prepaid funeral contracts only if it meets all of the following: (a) Is issued to an association covering the lives of its members or to a trustee of a group. (b) Is issued as an associated life insurance policy or annuity contract under section 2080. (c) Conforms with section 2080. History: Add. 1998, Act 457, Imd. Eff. Jan. 4, 1999 Popular Name: Act 218
Michigan Legal Code