§ 13-109. Delivery of policy or certificate to debtor
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 13-109
§ 13-109. Delivery of policy or certificate to debtor
(a) Except as otherwise provided in this section, the individual policy or group certificate of credit life insurance, credit health insurance, or credit involuntary unemployment benefit insurance shall be delivered to the insured debtor when the indebtedness is incurred.
(b)(1) If the individual policy or group certificate is not delivered to the debtor when the indebtedness is incurred, a copy of the application for the policy or a notice of proposed insurance shall be delivered to the debtor when the indebtedness is incurred.
(c) If the named insurer does not accept the risk:
Credits
Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 70, § 7, eff. Oct. 1, 1997.
Formerly Art. 48A, § 436G.
MD Code, Insurance, § 13-109, MD INSURANCE § 13-109
Current with legislation effective through June 1, 2023, from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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