MI| Bulletin 2025-10-INS, from the Michigan Department of Insurance and Financial Services, updates the maximum amount allowed for cemetery or funeral predeath assignments under the Michigan Insurance Code. This bulletin supersedes a previous one from April 2024.
Key Points:
- The new maximum assignment value at $13,870, effective from June 1, 2025, through May 31, 2026.
- The maximum assignment values for previous years:
June 1, 2024 through May 31, 2025 —- $13,460
June 1, 2023 through May 31, 2024 —- $12,720
June 1, 2022 through May 31, 2023 —- $11,760
