{"data":{"id":"us-mi/mich.-comp.-laws-550.604","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 550.604","heading":"Credit life insurance, credit accident and health insurance; forms.","body":"Sec. 4.\n\nCredit life insurance and credit accident and health insurance shall be issued only in the following forms:\n\nIndividual policies of life insurance issued to debtors on the term plan;\n\nIndividual policies of accident and health insurance issued to debtors on a term plan or disability provisions in individual policies of credit life insurance;\n\nGroup policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;\n\nGroup policies of accident and health insurance issued to creditors on a term plan insuring debtors or disability provisions in group life policies to provide such coverage.","path":["MI Code","Chapter 550","Act Act-173-of-1958"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-550-604","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"5fdb22322c25b116ff3b87a4ef8317aae3bc31c1fd377374344a0efeb1c49c8b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-550.603","next":"us-mi/mich.-comp.-laws-550.605"},"notice":"GroundRules: Original legal text. Not legal advice."}