# Insurance (GIN)

## Title 9. Impaired Entities

### Subtitle 4. Life and Health Insurance Guaranty Corporation Act

#### Section 9-402

Subject to certain limitations, the purpose of this subtitle is to protect persons specified in Sec. 9-403(a) through (f) of this subtitle who are policy owners, contract owners, certificate holders, beneficiaries, enrollees, payees, and assignees of life, health, annuity, and supplemental policies, plans, or contracts specified in Sec. 9-403(g) of this subtitle against failure in the performance of contractual obligations due to the impairment or insolvency of the member insurer that issued the policies, plans, or contracts.

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