Occupations: mortuary science; references to article 18 of the occupational code in the insurance code of 1956; revise. Amends sec. 2080 of 1956 PA 218 (MCL 500.2080). TIE BAR WITH: SB 1060'26

This bill amends Michigan's insurance code regarding how life or accident insurers, funeral establishments, and cemeteries can interact when selling insurance policies for funeral or cemetery services. It outlines specific conditions for assigning life insurance policy proceeds to pay for these services, including disclosure requirements, revocation rights, and limits on the death benefit amount. The bill also establishes penalties for violations and creates a fund for consumer education and legal assistance related to prearranged funeral and cemetery purchases.

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