Sec. 4426.
(1) Insurance under any group life insurance policy issued under sections 4400, 4404, 4408, 4412, 4420, and 4424 may be extended to insure the eligible dependents of each insured employee or member who so elects.
(2) The amounts of dependent insurance shall be in accordance with a plan that precludes individual selection.
(3) The premiums for the insurance on dependents may be paid by the employer or policyholder, or the employee or member, or the employer or policyholder and the employee or member, jointly.
(4) As used in this section:
(a) "Child" includes a biological, legally adopted, and step or foster child of an employee or member who is dependent on the employee or member.
(b) "Eligible dependent" includes the legal spouse and a child of an employee or member.
History: Add. 1972, Act 201, Imd. Eff. June 30, 1972 ;-- Am. 2014, Act 139, Eff. Mar. 31, 2015 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)
218-1956-44 - Chapter 44 Group Life Insurance (500.4400...500.4454)
Section 500.4400 - Scope of Chapter; Compliance Required.
Section 500.4405 - Group Life Insurance Policy; Issuance to Trust or Trustees; Requirements.
Section 500.4408 - National Guard Groups; Participation Authorization.
Section 500.4412 - Labor Union, Teacher and Postal Clerk Groups; Participation Authorization.
Section 500.4416 - Group Life Insurance; Groups of Borrowers or Purchasers.
Section 500.4419 - Prepaid Funeral Contracts; Group Life Insurance.
Section 500.4432 - Group Life Insurance Policy; Incontestability.
Section 500.4434 - Entire Contract; Provision; Application; Representations.
Section 500.4436 - Misstatement of Age; Provision Required.
Section 500.4438 - Individual Certificate; Notice of Conversion Rights.
Section 500.4439 - Insurance Under Group Policy; Assignment of Rights, Effect.
Section 500.4442 - New Employee; Provision Required.
Section 500.4446 - Policy Issued in Another State; Determination by Director.
Section 500.4450 - Employer Deemed Policyholder.
Section 500.4454 - Readjustment of Premium Rate; Optional Provisions.