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§ 17-306. Adjustment of premiums or benefits upon misstatement of age

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, § 17-306
§ 17-306. Adjustment of premiums or benefits upon misstatement of age
Currentness
Each policy of group life insurance shall contain a provision that:
(1) specifies that an equitable adjustment of premiums or benefits or both will be made if the age of an insured is misstated; and
(2) clearly states the method of adjustment to be used.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 431.
MD Code, Insurance, § 17-306, MD INSURANCE § 17-306
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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