§ 16-210. Reinstatement of industrial life insurance policies
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 16-210
§ 16-210. Reinstatement of industrial life insurance policies
(a) Each policy of life insurance shall contain a provision that, subject to subsection (b) of this section, a policy of industrial life insurance will be reinstated within 2 years and any other policy of life insurance will be reinstated within 3 years after the due date of the first premium in default on:
(b) The policy shall provide that reinstatement is not allowed if:
Credits
Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 396.
MD Code, Insurance, § 16-210, MD INSURANCE § 16-210
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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