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31.09.06.00.htm 31.09.06.00. Title 31 MARYLAND INSURANCE ADMINISTRATION Subtitle 09 LIFE INSURANCE AND ANNUITIES Chapter 06 Notice of Nonforfeiture Provisions in Lapsed Life Policies Authority: Insurance Article, §2-109 and Title 16, Subtitle 3, Annotated Code of Maryland
31.09.06.01.htm 31.09.06.01. 01 Notice Requirement.. For any industrial or ordinary policy of insurance on the life of a resident of this State issued by any life insurance company or fraternal benefit society operating in Maryland, when the policy has a cash, paid-up, or extended insurance or other equity at the time of lapse and when none of these equities is automatically granted by the policy without application by the insured, upon lapse of the policy, written notice shall be mailed to the las
31.09.06.9999.htm 31.09.06.9999. Administrative History Effective date: February 27, 1941. Amended effective May 1, 1968 ―. Chapter recodified from COMAR 09.30.50 to COMAR 31.09.06 effective September 7, 1998 (25:18 Md. R. 1439)Regulation .01 amended effective October 24, 2016 (43:21 Md. R. 1169).
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