At the time of application or when a binder or policy is issued, an insurer shall provide written notice of its ability to cancel a binder or policy or recalculate the premium from the effective date of the policy during the underwriting period.

Authority: Insurance Article, §§2-109, 11-205, 11-306, 12-106, and 19-406, Annotated Code of Maryland

Effective date: June 9, 2014 (41:11 Md. R. 606)

Regulation .04 amended effective January 14, 2019 (46:1 Md. R. 13)

Regulation .05 amended effective January 14, 2019 (46:1 Md. R. 13)

Regulation .06B, C amended effective November 6, 2017 (44:22 Md. R. 1038)