Md. Code, Insurance § 17-306
This is the official text of Md. Code, Insurance § 17-306, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§17–306.
Official statutory text
Each policy of group life insurance shall contain a provision that:
(1) specifies that an equitable adjustment of premiums or benefits or both will be made if the age of an insured is misstated; and
(2) clearly states the method of adjustment to be used.
(1) specifies that an equitable adjustment of premiums or benefits or both will be made if the age of an insured is misstated; and
(2) clearly states the method of adjustment to be used.
Status: in_force · Read it on the official government site
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