Michigan § 500.4042 - Liability limitation; aviation, military or naval service.
Full text of Michigan Michigan Compiled Laws § 500.4042 — Liability limitation; aviation, military or naval service., with citation guidance and answers to common questions.
§ 500.4042. Liability limitation; aviation, military or naval service.
Nothing contained in this chapter shall be construed as prohibiting a life insurer from placing in its policies provisions limiting its liability with respect to:
Death resulting from aviation other than as a fare-paying passenger on a regularly scheduled route between definitely established airports;
Military or naval service;
Provided, That if the liability of the insurer is limited as herein provided, the liability shall in no event be fixed at an amount less than the reserve on the policy (including the reserve for any dividend additions thereto and excluding the reserve for any additional benefits in the event of death by accident or accidental means or for benefits in event of any type of disability), less any indebtedness on or secured by such policy.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.4042
What does Michigan Compiled Laws § 500.4042 cover?
Section 500.4042 ("Liability limitation; aviation, military or naval service.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.4042?
A common citation format is "Michigan Compiled Laws § 500.4042" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.4042 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.