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  • Mi Lc95 Form

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O. Box 30005 - Lansing Michigan 48909-7505 Instructions for completing the PROOF OF FINANCIAL RESPONSIBILITY FORM LC-95 GENERAL INFORMATION Effective April 1 1988 retail liquor licensees are required to file and maintain Proof of Financial Responsibility with the Michigan Liquor Control Commission MLCC. BOXES 3-10 OF THE MLCC PROOF OF FINANCIAL RESPONSIBILITY FORM LC-95 INDICATE THE TYPE OF CHOICES AVAILABLE. ONE BOX MUST BE CHECKED. If MLCC form.

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Liquor Liability Insurance for Restaurants If a lawsuit arises, the Liquor Liability Insurance helps cover the cost. What does it cost? For a restaurant in Michigan, Liquor Liability Insurance costs anywhere between $386 – $2,780 in annual premiums.

Professional liability insurance This policy, also called errors and omissions insurance (E&O), protects Michigan businesses that provide professional services or advice. It covers lawsuits related to work performance. Work mistakes and oversights. Professional negligence lawsuits. Late or incomplete work.

Minimum insurance requirements for Michigan The minimum amount of Michigan auto insurance coverage is $50,000/$100,000/$10,000. In the event of a covered accident, your limits for bodily injury are $50,000 per person, with a total maximum of $100,000 per incident.

Michigan's liquor law requires proof of liquor liability insurance which is also called Proof of Financial Responsibility. Submitting proof of liquor liability insurance to the Michigan Liquor Control Commission (MLCC) is done so by filling out the LC-95 form, which is required by MCL 436.1803 .

proof of financial responsibility is submitted. The LC-95 form and pledge agreement must be signed by an officer of the financial. institution and a safekeeping receipt must also be submitted. The licensee must also sign the pledge agreement.

MI Business Liability Costs A typical small business in Michigan can expect to pay anywhere between $300 and $5,000 annually for their general liability policy.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232