§ 12-202. Application and consent required for life or health insurance contracts
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 12-202
§ 12-202. Application and consent required for life or health insurance contracts
(a)(1) This subsection does not apply to a contract of group life insurance or group or blanket health insurance.
(b)(1) A spouse may put into effect life insurance or health insurance on the other spouse.
(c)(1) If an agreement in an application for a life insurance or health insurance contract authorizes the insurer to issue a policy other than that applied for or to amend the application, the agreement must contain substantially the following language: “Except that no change in amount, classification, plan of insurance, or benefits may take effect unless agreed to in writing by the applicant”.
Credits
Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 371.
MD Code, Insurance, § 12-202, MD INSURANCE § 12-202
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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