LICENSES. 731

to property, except property of others in charge of the insured or of his
employees or other agents growing out of the maintenance, operation or
use by such insured of any motor vehicle, except a motor vehicle registered
in the name of such insured and occurring while such insured is person-
ally in control, as driver or occupant, of such motor vehicle within the
continental limits of the United States of America or the Dominion of
Canada, in either case to the amount or limit of $5, 000. 00, exclusive of
interest and costs, on account of injury to or death of any one person, and
subject to the same limit as respects injury to or death of any one person,
of $10, 000. 00, exclusive of interest and costs, on account of any one
accident resulting in injury to or death of more than one person; and of
$1, 000. 00 for damage to property of others, as herein provided, resulting
from any one accident; or a binder pending the issuance of any such
policy; or an endorsement to an existing policy both as hereinafter pro-
vided; provided, however, that this section shall not be construed as pre-
venting an insurance carrier from granting in a "motor vehicle liability
policy" any lawful coverage in excess of or in addition to the coverage
herein provided for or from embodying in such policy any agreements,
provisions or stipulations not contrary to the provisions of this sub-title
and not otherwise contrary to law. And provided further that separate
concurrent policies, whether issued by one or several carriers covering,
respectively, (a) personal injury or death, as aforesaid, and (b) property
damage, as aforesaid, shall be termed "A motor vehicle liability policy, "
within the meaning of this sub-title.

Except as herein provided in Section 187K of this Article, no policy
of insurance insuring against liability for personal injury and death, or
property damage, or both, resulting from the ownership, maintenance, use
or operation of a motor vehicle, shall hereafter be issued or delivered in
this State until a copy of the form of policy shall have been on file with
the Insurance Commissioner for at least thirty (30) days, unless sooner
approved in writing by such commissioner, nor, if within said period of
thirty (30) days such Commissioner shall have notified the carrier in
writing that in his opinion, specifying the reasons therefor, the form of
policy does not comply with the provisions of this sub-title. The Insurance
Commissioner shall approve any form of policy which specifies the name,
address and business, if any, of the insured, and the coverage afforded by
the policy, the premium charged therefor, the policy period and the limits
of liability, and contains an agreement that the insurance thereunder is
provided in accordance with the coverage defined in this section, as respects
personal injury and death, or property damage, or both, and is subject to
all the provisions of this sub-title, and not otherwise.

Every such motor vehicle liability policy shall be subject to the follow-
ing provisions, whether or not contained therein:

(a) The liability of the insurance carrier under a motor vehicle liability
policy shall become absolute whenever loss or damage covered by such
policy occurs, and the satisfaction by the insured of a final judgment for
such loss or damage shall not be a condition precedent to the right or