Chapter 39 Long-Term Care Insurance (500.3901...500.3955)

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 39 Long-Term Care Insurance (500.3901...500.3955)

Checkout our iOS App for a better way to browser and research.

Section
500.3901

Long-Term Care Insurance; Definitions.

Section
500.3902

Offer of Long-Term Care Coverage by Subsidiary of Health Care Corporation.

Section
500.3903

Group Long-Term Care Insurance; Coverage Offered to Groups Described in MCL 500.3901(c)(iv) and 500.3901(c)(iii).

Section
500.3905

Long-Term Care Coverage; Requirements; Certain Coverages Requiring Care Recommendations.

Section
500.3906

Designation of Person to Receive Notice of Termination; Reinstatement of Coverage; Effective Date of Section.

Section
500.3907

Individual Long-Term Care Policy; Guaranteed Renewable Provision; Conversion; New Limitation Period; Intermediate Care Facility or Skilled Nursing Facility; Home Care Services.

Section
500.3908

Long-Term Care Partnership Program Policy; Conversion or Replacement.

Section
500.3909

Option to Purchase Inflation Protection; Summary of Coverage; Applicability of Section.

Section
500.3910

Option of Purchasing Policy or Certificate Including Nonforfeiture Benefits; Offer.

Section
500.3910a

Nonforfeiture Benefits; Coverage Elements, Eligibility, Benefit Triggers, and Benefit Length; Contingent Benefit; Premium Increase; Notification; Duties of Insurer; Limitation on Maximum Benefits; Effective Date of Section; Premiums Subject to Loss Ratio Requirements; Conditions for Offering Nonforfeiture Benefit.

Section
500.3910b

Reduction Options; Applicability of Section to Long-Term Care Policies and Certificates Issued on or After June 1, 2007.

Section
500.3911

Preexisting Condition; Limitation Period; Definition.

Section
500.3913

Home Health Care Benefits.

Section
500.3915

Certain Conditions Prohibited.

Section
500.3917

Replacement Policy; Waiver of Time Periods Applicable to Preexisting Conditions and Probationary Periods.

Section
500.3919

Institutionalization; Extension of Benefits; Limitations.

Section
500.3921

Application; Questions Relating to Health Condition; Delivery; Record of Policy Rescissions; Annual Report to Commissioner.

Section
500.3923

Riders or Endorsements; Certain Changes in Benefits or Premiums; Definition, Explanation, Description, and Labeling of Certain Terms.

Section
500.3925

Applicability of Section to Long-Term Care Policy or Certificate Issued on or After June 1, 2007; Information to Be Provided on Forms; Acknowledgement of Disclosure; Notice of Premium Rate Schedule Increase; Personal Worksheet; Availability of Free and Independent Insurance Purchasing and Public Benefits Counseling.

Section
500.3926

Applicability of Section to Long-Term Care Policy or Certificate Issued on or After June 1, 2007; Information to Be Provided to Commissioner; Premium Rate Schedule; Statement; Request by Commissioner for Actuarial Demonstration; Additional Information.

Section
500.3926a

Applicability of Section to Long-Term Care Policy or Certificate Issued on or After June 1, 2007; Notice of Pending Premium Rate Schedule Increase; Requirements; Review and Approval by Commissioner; Eligibility for Contingent Benefit Upon Lapse; Applicability of Subsections to Certain Policies or Certificates; Exceptional Increases; Definitions.

Section
500.3927

Reasonableness of Benefits Relative to Premiums; Expected Loss Ratio; Evaluation of Factors; Applicability of Section.

Section
500.3928

Fixed Indivisible Premium Life Insurance Policy Funding Long-Term Care Benefits by Accelerating Death Benefit; Reasonableness of Benefits Relative to Premiums; Provisions.

Section
500.3929

Increasing Premiums Prohibited; Conditions.

Section
500.3930

Acceleration of Benefits Under Group or Individual Life Policies or Riders; Determination of Policy Reserves.

Section
500.3931

Rules.

Section
500.3933

Summary of Coverage.

Section
500.3935

Statement Relating to Request for Additional Information.

Section
500.3937

Shopper's Guide; Format; Providing to Applicants; Exception.

Section
500.3939

Application; Questions Relating to Other Policies in Force or Use as Replacement; Agent's List of Other Policies Sold; Notice to Applicant and Existing Insurer; Appropriateness of Recommended Purchase or Replacement.

Section
500.3941

Advertising; Filing Copy With Commissioner.

Section
500.3941a

Inapplicability of Section to Life Insurance Policies or Riders Containing Accelerated Benefits; Development of Suitability Standards.

Section
500.3942

Marketing; Duties of Insurer; Use of "Level Premium" or "Noncancelable" Prohibited; Exception.

Section
500.3942a

Reporting Requirements; Agent Activities; Preparation of Report.

Section
500.3943

Right to Return Policy; Notice; “Direct Response Solicitation” Defined.

Section
500.3945

Violation; Penalty.

Section
500.3949

Life and Long-Term Care Benefits; Marketing; Compliance.

Section
500.3951

Policy Summary; Compliance With MCL 500.3933; Additional Provisions; Monthly Report.

Section
500.3953

Disclosure Statement.

Section
500.3955

Compliance With Chapter and Applicable Laws.