§ 13–105
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 13-105 (2026)
Title 13. Credit Life, Health, and Involuntary Unemployment Benefit Insurance
Subtitle 1
§ 13–105LinkCopy Citation
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.