§ 3–302
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 3-302 (2026)
Title 3. Kinds of Insurers
Subtitle 3. Surplus Lines Insurance
§ 3–302LinkCopy Citation
(a)
This subtitle does not apply to:
(1)
life insurance;
(2)
health insurance, except as provided in subsection (c) of this section;
(3)
annuities;
(4)
reinsurance;
(5)
wet marine and transportation insurance, except as provided in subsection (b) of this section;
(6)
insurance on a subject that is located, resident, or to be performed wholly outside the State;
(7)
insurance on vehicles or aircraft owned and principally garaged outside the State;
(8)
insurance on property or operation of railroads engaged in interstate commerce;
(9)
insurance:
(i)
on aircraft owned or operated by aircraft manufacturers or operated in scheduled interstate flight;
(ii)
on cargo of the aircraft described in item (i) of this item; or
(iii)
against liability arising out of the ownership, maintenance, or use of the aircraft described in item (i) of this item, other than workers’ compensation or employer’s liability; or
(10)
medical stop–loss insurance, as defined in § 15–129 of this article.
(b)
This subtitle applies to wet marine and transportation insurance on:
(1)
a pleasure craft under 60 feet in length that is owned and used for pleasure and not for business, hire, or other commercial use;
(2)
fishing vessels under 50 gross tons that are not part of a fleet of 3 or more vessels; and
(3)
charter or head boats under 50 gross tons that are not part of a fleet of 3 or more vessels.
(c)
Subject to § 3–306.2 of this subtitle, this subtitle applies to:
(1)
disability insurance that:
(i)
provides for lost income, revenue, or proceeds in the event that an illness, accident, or injury results in a disability that impairs an insured’s ability to work or otherwise generate income, revenue, or proceeds that the insurance is intended to replace; and
(ii)
does not include payment for medical expenses, dismemberment, or accidental death; and
(2)
short–term medical insurance that provides limited health insurance benefits for a limited period of time to:
(i)
residents of the United States who travel to another country within 30 days after the effective date of coverage; and
(ii)
residents of another country who:
(1)
travel to the United States within 30 days after the effective date of coverage; and
(2)
are not traveling to the United States for the purpose of attending an institution of higher education, as defined in § 10–101 of the Education Article.