# Insurance (GIN)

## Title 17. Group Life Insurance

### Subtitle 1. General Provisions

#### Section 17-103

An insurer that issues a policy to a creditor to insure debtors of the creditor shall provide to the creditor for delivery to each debtor insured under the policy a form that states that:

(1) the life of the debtor is insured under the policy; and

(2) a death benefit paid under the policy because of the debtor's death shall be applied to reduce or extinguish the indebtedness.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)