A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending section 2024a (MCL 500.2024a), as added by 1989 PA 68.
The bill amends the insurance code to increase the allowable value of promotional merchandise that life insurers can give to applicants or insured individuals from $5.00 to $50.00 per year.
Co-sponsored by Reps.
Referred to the Committee on Insurance
Reported without amendment