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Form a Business

Nonforfeiture benefit; automatic option; provision required.

MCL 500.4224
in effect
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500.4224. Nonforfeiture benefit; automatic option; provision required. Sec. 4224. There shall be a provision if more than 1 nonforfeiture benefit is provided, as to which of such benefits shall apply in the event 1 of the available benefits is not selected as required by the policy. 1956, Act 218, Eff. Jan. 1, 1957 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-4224Fetched: 10/20/2026

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