Section 17-301 - Standard provisions required; exceptions(a) Except as provided in subsection (b) of this section, a policy of group life insurance may not be delivered in the State unless it contains in substance: (1) the provisions of §§ 17-302 through 17-311 of this subtitle; or(2) provisions that in the opinion of the Commissioner are: (i) more favorable to the insureds; or(ii) at least as favorable to the insureds and more favorable to the policyholder.(b)(1) Sections 17-307 through 17-311 of this subtitle do not apply to policies issued to a creditor to insure debtors of the creditor.(2) The standard provisions required for individual life insurance policies do not apply to policies of group life insurance.(3) If a policy of group life insurance is on a plan other than the term plan, the policy: (i) shall contain a nonforfeiture provision that in the opinion of the Commissioner is equitable to the insured and the policyholder; but(ii) need not contain the same nonforfeiture provisions required for individual life insurance policies.