# Insurance (GIN)

## Title 8. Entities That Act as Insurers

### Subtitle 6. Viatical Settlement Providers and Viatical Settlement Brokers

#### Section 8-605

(a) Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator and owes a fiduciary duty to the viator to act according to the viator's instructions and in the best interest of the viator.

(b) For purposes of this subtitle, a viator may not be limited to an owner or certificate holder of a policy that insures the life of an individual who is terminally ill or chronically ill.

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