Mich. Admin. Code R. 500.2211 - Definitions

Current through Vol. 22-05, April 1, 2022

Rule 1. As used in these rules:

(a) "Commissioner" means the commissioner of the office of financial and insurance services.
(b) "Form" means a form identified in section 2236(1) of the insurance code of 1956, 1956 PA 218, MCL 500.2236(1).
(c) "Personal insurance" means all insurance policies underwritten and sold on an individual or group basis for personal, family, or household use.
(d) "Shortened limitation of action clause" is a provision in a form that shortens the period of time otherwise provided by statute within which a claimant may bring an action in law or equity against an insurer for claims arising under a personal insurance policy. It includes any clause, condition, or provision that reduces the period of time established by the insurance code of 1956, 1956 PA 218, MCL 500.100 to MCL 500.8302, by the revised judicature act of 1961, 1961 PA 236 , MCL 600.101 to MCL 600.9947; or by any other applicable statute.
(e) Terms defined in the insurance code of 1956, 1956 PA 218, MCL 500.100 to 500.8302, have the same meanings when used in these rules.

Notes

Mich. Admin. Code R. 500.2211
2007 MR 9, Eff. May 3, 2007

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