Section 500.3929 - Increasing premiums prohibited; conditions.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.3929 Increasing premiums prohibited; conditions.
Sec. 3929.
The premiums charged to an insured for long-term care insurance shall not increase due to either of the following:
(a) The increasing age of the insured at ages beyond 65.
(b) The duration the insured has been covered under the policy.
History: Add. 1992, Act 84, Imd. Eff. June 2, 1992
Popular Name: Act 218