- A. An insurer shall respond to a request for verification of coverage submitted by a viatical settlement provider or a viatical settlement broker within 30 days after the request is received.
- B. The request by the viatical settlement provider or viatical settlement broker shall include all items required by Insurance Article, §8-610.1(a), Annotated Code of Maryland.
- C. An insurer may charge a fee as set forth in Insurance Article, §8-610.1(b), Annotated Code of Maryland.
Authority: Insurance Article, §§2-209 and 8-610.1, Annotated Code of Maryland;
Ch. 146, Acts of 2006
Effective date: March 12, 2007 (34:5 Md. R. 562)