Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 500.4454: Readjustment of premium rate; optional provisions.

Where this section sits in the code

MI Code
Chapter 500
Act Act-218-of-1956

Sec. 4454.

Any group life insurance policy may provide for a readjustment of the rate based on experience at the end of the first year or any subsequent year of insurance, which readjustment may be made retroactive for such policy year only.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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