Md. Code, Insurance § 16-214
This is the official text of Md. Code, Insurance § 16-214, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§16–214.
Official statutory text
A policy of life insurance may include a rider or supplemental policy provision that offers an insured or certificate holder reimbursement or payment for long-term home health care or long-term care in a nursing home or other related institution:
(1) instead of or in addition to benefits payable because of the death of the insured or certificate holder; or
(2) instead of all or part of the cash surrender or other nonforfeiture value of the policy.
(1) instead of or in addition to benefits payable because of the death of the insured or certificate holder; or
(2) instead of all or part of the cash surrender or other nonforfeiture value of the policy.
Status: in_force · Read it on the official government site
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