Sec. 3963.
(1) A partnership policy shall not be delivered or issued for delivery in this state unless the partnership policy is filed with the department and approved by the director under section 2236(1).
(2) A policy submitted to the department for approval as a partnership policy under subsection (1) must be submitted with a completed partnership certification form or a similar form. The completed partnership certification form or similar form also must be approved by the director of the department.
(3) As used in this section, "partnership certification form" means a form developed by the department in consultation with the state department of health and human services.
History: Add. 2015, Act 198, Eff. Feb. 22, 2016 Popular Name: Act 218
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-39A - Chapter 39a Long-Term Care Partnership Program Insurance (500.3957...500.3965)
Section 500.3957 - Definitions.
Section 500.3961 - Partnership Policy; Solicitation or Sale; Notice.
Section 500.3965 - Regular Reports to Be Provided to Department of Health and Human Services.