627.654  Labor union and association groups.--

(1)  A group of individuals may be insured under a policy issued to an association, including a labor union, which association has a constitution and bylaws and not less than 25 individual members and which has been organized and has been maintained in good faith for a period of 1 year for purposes other than that of obtaining insurance, or to the trustees of a fund established by such an association, which association or trustees shall be deemed the policyholder, insuring at least 15 individual members of the association for the benefit of persons other than the officers of the association, the association or trustees.

(2)  No such policy of insurance as defined in subsection (1) may be issued to any such association, unless all individual members of such association, or all of any class or classes thereof, are declared eligible and acceptable to the insurer at the time of issuance of the policy.

(3)  Any such policy may insure the spouse or dependent children with or without the member being insured.