Legislation
- Title
- Life Insurance - Payment of Death Benefits Under Group Policies
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
- Status
- In the Senate - Hearing 3/04 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring an insurer that issues a policy of group life insurance under specified provisions of law to pay, to the beneficiary designated by an individual insured under a certificate issued under the policy, the certificate death benefit if the insurer accepts premiums for coverage of the insured after the insured's eligibility for coverage has terminated for specified reasons and the insured dies during a specified period of coverage.
Committees
- Original:
- Finance
Details
Bill File Type: Regular
Effective Date(s): October 1, 2015
By Request of the Governor
Date Posted | Document Name |
---|---|
2/10/2015 | Text - First - Life Insurance - Payment of Death Benefits Under Group Policies |
(
17-105 )
Last Updated: 2/3/2020 2:29 PM