Md. Code Regs. 31.09.01.11

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

Section 31.09.01.11 - Validity of Noncomplying Forms

Any wholesale life insurance policy hereafter issued and otherwise valid which contains any condition or provision not in compliance with the requirements of Insurance Article, Annotated Code of Maryland, and of any applicable regulations may not be thereby rendered invalid, but shall be construed in accordance with conditions and provisions at least as favorable as those required under Insurance Article, Annotated Code of Maryland, and the applicable regulations.