HB 5419
Insurance: other; portable electronics insurance; provide for. Amends secs. 1201, 1202, 1207 & 2266 of 1956 PA 218 (MCL 500.1201 et seq.) & adds secs. 1292, 1293, 1294, 1295, 1296 & 1297.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
```json { "summary": "This bill creates a new type of insurance called \"portable electronics insurance\" to cover repairs or replacements of electronic devices like smartphones and tablets. It establishes rules for how vendors can offer this insurance, including required disclosures to customers and limits on how employees can be compensated. The bill also updates existing insurance regulations to include this new coverage and clarifies roles for agents and insurers.", "keyProvisions": [ "Creates ‘portable electronics insurance’ coverage for repair or replacement of electronic devices.", "Establishes requirements for vendors to provide disclosures to customers about the insurance coverage.", "Allows vendors’ employees to sell portable electronics insurance without an insur
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