# COMAR Title 31 — Maryland Insurance Administration

## Subtitle 13 — Credit Life and Credit Health Insurance

### Chapter 01 — Standards for Credit Life and Credit Health Insurance

#### Regulation .14 Disability Benefit Provisions.

*COMAR 31.13.01.14*

A. If a credit life insurance policy, otherwise meeting the requirements of Regulation .13 of this chapter provides for payment of the policy proceeds in the event of the loss of two limbs or in the event of the complete loss of eyesight, the insurer may charge a rate not to exceed 1 percent more than the rates in Regulation .10 or .11 of this chapter, whichever is applicable. If the policy provides for payment of the policy proceeds in event of loss of a single limb or in event of the loss of the sight of one eye, the insurer may charge a rate not to exceed 3 percent more than the rates in Regulation .10 or .11 of this chapter, whichever is applicable.

B. If a credit life insurance policy otherwise meeting the requirements of Regulation .13 of this chapter provides for payment of the policy proceeds in event of total and permanent disability, other than the benefit described in §A of this regulation, the Commissioner shall determine an appropriate increase in the premium rates on application of the insurer.