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§ 13-105. Forms of credit life, credit health, and credit involuntary unemployment benefit insu...

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 13. Credit Life, Health, and Involuntary Unemployment Benefit Insurance (Refs & Annos)
MD Code, Insurance, § 13-105
§ 13-105. Forms of credit life, credit health, and credit involuntary unemployment benefit insurance
Credit life insurance, credit health insurance, and credit involuntary unemployment benefit insurance shall be issued only in the following forms:
(1) an individual policy of life insurance issued to a debtor on a term plan;
(2) an individual policy of health insurance issued to a debtor on a term plan;
(3) a disability benefit provision in an individual policy of credit life insurance;
(4) an individual policy of involuntary unemployment benefit insurance issued to a debtor on a term plan;
(5) a group policy of life insurance issued to a creditor that provides insurance on the lives of debtors on the term plan;
(6) a group policy of health insurance issued to a creditor on a term plan that insures debtors;
(7) a disability benefit provision in a group policy of credit life insurance; or
(8) a group policy of involuntary unemployment benefit insurance issued to a creditor on a term plan that insures debtors.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 436D.
MD Code, Insurance, § 13-105, MD INSURANCE § 13-105
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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