500.1281 Scope of chapter. Sec. 1281. This chapter applies to travel insurance that covers a resident of this state and is sold, solicited, negotiated, or offered in this state and for which policies and certificates are delivered or issued for delivery in this state. Except as otherwise provided in this chapter, this chapter does not […]
500.1283 Definitions. Sec. 1283. As used in this chapter: (a) “Aggregator site” means a website that provides access to information regarding insurance products from more than 1 insurer, including product and insurer information, for use in comparison shopping. (b) “Blanket travel insurance” means a policy of travel insurance issued to any eligible group providing coverage […]
500.1285 Payment of premium tax on travel insurance premiums; travel insurer duties. Sec. 1285. (1) A travel insurer shall pay a premium tax, as provided in section 635 of the income tax act of 1967, 1967 PA 281, MCL 206.635, on travel insurance premiums paid by any of the following: (a) An individual primary policyholder […]
500.1287 Travel protection plans; requirements. Sec. 1287. Travel protection plans may be offered for 1 price for the combined features that the travel protection plan offers in this state if both of the following conditions are met: (a) The travel protection plan clearly discloses to the consumer at or before the time of purchase that […]
500.1289 Offering or selling travel insurance; subject to unfair and prohibited trade practices and frauds; fulfillment materials; cancellation policy. Sec. 1289. (1) Except as otherwise provided in this section, a person that offers travel insurance to residents of this state is subject to chapter 20. If there is a conflict between this chapter and other […]
500.1291 Classification of travel insurance; inland marine line of insurance; eligibility and underwriting standards. Sec. 1291. (1) Notwithstanding any other provision of this act, travel insurance is classified and must be filed for purposes of rates and forms under an inland marine line of insurance. However, travel insurance that provides coverage for sickness, accident, disability, […]
