Mich. Comp. Laws § 550.526

Double or additional indemnity.

Last amended: 1996Year: 2026Length: 73 wordsOfficial source
Sec. 6. If a policy provides for double or additional indemnity in case of accidental death and accidental death occurs, the provider shall be entitled only to the face amount of the policy. Any amounts payable under the policy that exceed the face amount shall be paid to the beneficiary designated by the viator or, if no beneficiary has been designated, to the viator's estate. History: 1996, Act 386, Eff. Mar. 31, 1997
Mich. Comp. Laws § 550.526: Double or additional indemnity. | Justis AI