Md. Code Regs. 31.03.14.01

Current through Register Vol. 51, No. 24, December 2, 2024

Section 31.03.14.01 - Purpose

A. The purpose of this chapter is to assure fair disclosure of availability of alternative payment plans and financing options when consumers purchase property and casualty insurance.

B. This chapter is also designed to aid consumers by creating an industry standard with regard to required disclosure of insurers' alternative payment plans and premium financing agreements.