Ch. 15
LAWS OF MARYLAND
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 48A - Insurance Code
422A.
(1) (i) Insurance under any group life insurance policy
issued pursuant to §§ 418 through 422 may, if seventy-five per
centum of the then insured employees or members or any class or
classes thereof, elect, be extended to insure the spouse and
minor children of each such insured employee or member who so
elects, in amounts in accordance with a plan which precludes
individual selection by the employees or members or by the
employer or trustee. The policy may provide that the term "minor
children" shall include the insured employee's or member's child
under 18 years of age or his child 18 years or older who is
attending an educational institution and relying upon the insured
employee or member for financial support. The insurance on the
life of any spouse or child shall not be in excess of fifty per
centum of the insurance on the life of the insured employee or
member, or [$4,000] $10,000 in the case of a spouse, or [$2,000]
$5,000 in the case of a child, whichever is less.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.
Approved April 12, 1988.
CHAPTER 15
(Senate Bill 104)
AN ACT concerning
Insurance - Fraternal Benefit Societies -
Funeral Expense Reimbursement
FOR the purpose of altering the maximum amount which may be paid
under a fraternal benefit certificate to cover the burial
expense of an insured member.
BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 327(b)
Annotated Code of Maryland
(1986 Replacement Volume and 1987 Supplement)
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