Life Insurer; Prohibited Acts.

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Sec. 15.

A life insurer shall not do any of the following because of the execution or implementation of an order:

(a) Refuse to provide or continue coverage to the declarant.

(b) Charge the declarant a higher premium.

(c) Offer a declarant different policy terms because the declarant has executed an order.

(d) Consider the terms of an existing policy of life insurance to have been breached or modified.

(e) Invoke a suicide or intentional death exemption or exclusion in a policy covering the declarant.

History: 1996, Act 193, Eff. Aug. 1, 1996


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