§ 15-208. Time limit on certain defenses
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 15-208
§ 15-208. Time limit on certain defenses
(a) Except as provided in subsection (c) of this section, each policy of health insurance shall contain the following provision:
“Time limit on certain defenses: (1) After two years from the date of issue of this policy no misstatements, except fraudulent misstatements, made by the applicant in the application for such policy shall be used to void the policy or to deny a claim for loss incurred or disability (as defined in the policy) commencing after the expiration of such two-year period.”
(2) “No claim for loss incurred or disability (as defined in the policy) commencing after two years from the date of issue of this policy shall be reduced or denied on the ground that a disease or physical condition not excluded from coverage by name or specific description effective on the date of loss had existed prior to the effective date of coverage of this policy.”
(b) The first provision set forth in subsection (a) of this section does not:
(c)(1) This subsection applies only to a policy that the insured may continue in effect subject to its terms by the timely payment of premiums:
“After this policy has been in force for a period of two years during the lifetime of the insured (excluding any period during which the insured is disabled), it shall become incontestable as to the statements contained in the application.”
Credits
Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.
Formerly Art. 48A, § 441.
MD Code, Insurance, § 15-208, MD INSURANCE § 15-208
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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