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§ 15-910. Return of policy and refund

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 9. Medicare Supplement Act (Refs & Annos)
MD Code, Insurance, § 15-910
§ 15-910. Return of policy and refund
In general
(a) Each Medicare supplement policy or certificate shall have prominently printed on the first page of the policy or certificate or attached to it, a notice that states that the applicant may:
(1) return the Medicare supplement policy or certificate within 30 days after its delivery; and
(2) receive a refund of the premium if after examination of the Medicare supplement policy or certificate, the applicant is not satisfied for any reason.
Refund paid directly to applicant in timely manner
(b) The carrier shall pay a refund made under this section directly to the applicant in a timely manner.

Credits

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.
Formerly Art. 48A, § 468CB.
MD Code, Insurance, § 15-910, MD INSURANCE § 15-910
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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