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§ 17-303. Incontestability provision

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 17. Group Life Insurance
Subtitle 3. Group Life Insurance Policy Provisions (Refs & Annos)
MD Code, Insurance, § 17-303
§ 17-303. Incontestability provision
Currentness
Each policy of group life insurance shall contain a provision that:
(1) the policy is incontestable, except for nonpayment of premiums, after the policy has been in force for 2 years after its date of issue; and
(2) a statement made by an insured under the policy about insurability may not be used to contest the validity of the insurance as to which the statement was made unless:
(i) the insurance has been in force before the contest for less than 2 years during the insured's lifetime; and
(ii) the statement is in writing and signed by the insured.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 428.
MD Code, Insurance, § 17-303, MD INSURANCE § 17-303
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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