Md. Code Ann., Ins. § 27-218
Restrictions relating to burial insurance benefits
Effective Jun 1, 1999Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 1999, c. 578, § 1, eff. June 1, 1999.State of Maryland
- (a) All burial insurance benefits shall be paid in cash to the beneficiary.
(b) A person engaged in the business of burial insurance may not pay or contract to pay wholly or partly burial insurance or its benefits to:
- (1) an official mortician, funeral director, or undertaker;
- (2) a designated mortician, funeral director, undertaker, or funeral directing or undertaking concern; or
- (3) a particular tradesperson or businessperson.
- (c) This section does not apply to life insurance or an annuity used to fund a pre-need contract as defined in § 7-101 of the Health Occupations Article or a preneed burial contract as defined in § 5-701 of the Business Regulation Article.
Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 1999, c. 578, § 1, eff. June 1, 1999.
Formerly Art. 48A, § 232.