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MI SB0953
Bill
AI Summary
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Life insurers delivering, issuing, or renewing life insurance policies in Michigan must provide written cancellation notice via certified mail with return receipt requested to the insured.
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Cancellation notice must be mailed to the insured's last known address on file with the life insurer, the insurance producer's records, or an address supplied by the insured.
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Applies to all life insurance policies delivered, issued for delivery, or renewed in the state of Michigan.
Legislative Description
Insurance; life; certified mail notification of pending cancellation of a life insurance policy; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2247.
Communications: mail
Last Action
Referred To Committee On Insurance
4/18/2018
Committee Referrals
Insurance4/18/2018
Full Bill Text
No bill text available