Michigan Compiled Laws
218-1956-39 - Chapter 39 Long-Term Care Insurance (500.3901...500.3955)
Section 500.3917 - Replacement Policy; Waiver of Time Periods Applicable to Preexisting Conditions and Probationary Periods.

Sec. 3917.
If a long-term care insurance policy or certificate replaces another long-term care policy or certificate, the replacing insurer shall waive any time periods applicable to preexisting conditions and probationary periods for similar benefits in the new long-term care policy to the extent that similar exclusions have been satisfied under the original policy.
History: Add. 1992, Act 84, Imd. Eff. June 2, 1992 Popular Name: Act 218

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 500 - Insurance Code of 1956

Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)

218-1956-39 - Chapter 39 Long-Term Care Insurance (500.3901...500.3955)

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; Premiu...

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; Ava...

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; Ad...

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 Bene...

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.