A Purchasing Group is a group that meets all of the following requirements:
- As one of its purposes, purchases liability insurance on a group basis.
- Is composed of members whose businesses or activities are similar or related with respect to the liability to which members are exposed by virtue of a related, similar, or common business, trade, product, service, premises, or operation.
- Purchases insurance only for its group members and only to cover their similar or related liability exposure.
- Is domiciled in a state.
Before conducting business in the State of Michigan, the Purchasing Group must submit the following:
Notification by letter of the purchasing group’s registration or non-qualification will be mailed after application review and status determination.
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