Skip to content
Phil Klein Insurance Group Blog

Insurance Blog

Get a Quote Instantly

Michigan Auto Insurance Reform (PIP) Part 1

You’ve probably heard that the Michigan legislature recently passed significant changes to our no-fault auto insurance laws. You may have questions as to what the changes mean for you and your family’s insurance plan.  We have answers and will continue to publish updates over time.

Most of the changes do not take effect until July of 2020 but the first change is effective now.  The reforms revolve around the Personal Injury Protection (PIP) portion of the no-fault policy.  In Michigan, PIP basically means medical payments required as a result of car accidents.  The coverage is expansive though and can cover things such as renovations to a primary residence to make them accessible to the disabled, physical therapy, transportation to medical appointments, etc.

The first amendment clarifies the definition of the insured for PIP coverage to:
•the named insured(s)
•the named insured(s) spouse
•resident relatives (must be both a blood/legal relative and a permanent resident at the primary address)

Common situations that this will directly impact would be a boyfriend/girlfriend, fiance, children that no longer reside in the household of the insured parents, etc.  Those individuals, if uninsured, would be limited to $250,000 medical coverage through an entity called the Michigan Assigned Claims Plan.  Regular coverage has no dollar limit.

If you think you might be affected by these changes (whether you are insured by PKIG or not) please give us a call and we’ll walk you through what you need to know.  If you have any other questions, please call for clarification.  Stay tuned to this space and our social media for further updates and crucial information.

(248) 682-7445

Can More Than One Person Be Named As A Beneficiary On A Life Insurance Policy?

One of the best ways to protect your loved ones is to purchase a life insurance policy. Life insurance can give them the funds they need to pay bills and provide for their needs in the event of your passing. However, you may have questions about the policy and how many beneficiaries can be named if there are multiple individuals you would like to provide for in the future.  

Can You Name Multiple Beneficiaries?

If you want to name more than one beneficiary on a life insurance policy, you will be pleased to know that it is indeed possible. There can actually be several and in some cases, a policy can be structured to give specific named beneficiaries a pre-determined amount. You can create a net of financial security that can protect all the individuals you wish to include. Keep in mind, however, that there are usually a set number of beneficiaries that you can name, so be sure to consult with your insurance agent prior to your policy purchase. 

Getting The Policy You Need

In order to make sure that you get the type of policy you need to provide coverage for all those you care about, you should enlist the help of a licensed life insurance agent who can guide you through the process. They can also advise you about the number of individuals who can be named on your policy and the guidelines regarding splitting the claim money. If you are a resident in or around the West Bloomfield MI area, you should consult with the professionals at Phil Klein Insurance Group to get started with your life insurance purchase.

Protect those you love with a high-quality life insurance policy from Phil Klein Insurance Group. They are proud to serve those who live in the West Bloomfield, MI area. Call or stop by today to get more information or to schedule and appointment for a consultation. 



Connect With Us

for all your insurance needs!


Our Partners

  • AAA
  • Accident Fund
  • Aegis Insurance
  • American Modern
  • AmTrust
  • ASI
  • Berkshire Hathaway GUARD
  • Berkshire Hathaway Homestate Companies
  • Chubb
  • Citizens Insurance
  • Conifer Insurance Company
  • Coterie
  • Encompass
  • Ethos Life
  • Foremost
  • Great Lakes Mutual
  • Hagerty
  • hiscox
  • JC Taylor
  • Liberty Mutual
  • Lincoln Financial
  • North American
  • Penn Mutual
  • Philadelphia Insurance Companies
  • Pie Insurance
  • Principal
  • Progressive
  • PURE Insurance
  • Safeco
  • State Auto
  • The Hartford
  • Travelers
  • Univeral Property & Casualty
  • Westfield

Servicing these States

  • Michigan

Latest News