2013 Maryland Code
INSURANCE
§ 15-205 - Policies of foreign or alien insurers; policies of domestic insurers


MD Ins Code § 15-205 (2013) What's This?

§15-205.

(a) A policy of a foreign insurer or alien insurer that is delivered or issued for delivery in the State may contain a provision that:

(1) is not less favorable to the insured or beneficiary than the provisions of this subtitle; and

(2) is required by the law of the state or country under which the foreign insurer or alien insurer is organized.

(b) A policy of a domestic insurer that is issued for delivery in another state or country may contain a provision that is allowed or required by the laws of the other state or country.

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