WILLIAM DONALD SCHAEFER, Governor                   Ch. 300

child's age is twenty-six, is uniform in amount after the child's
age is one, and has not become paid-up by reason of the death of
a parent of the child[, and];

(6) AS POLICY BENEFITS FOR LONG-TERM HOME HEALTH CARE
AND LONG-TERM CARE IN A NURSING HOME OR OTHER RELATED
INSTITUTION; AND

[(6)] (7) As other policy benefits additional to life
insurance and endowment benefits, and premiums for all such
additional benefits, shall be disregarded in ascertaining cash
surrender values and nonforfeiture benefits required by this
section, and no such additional benefits, shall be required to be
included in any paid-up nonforfeiture benefits.

437.

Nothing in this subtitle shall apply to or affect:

(1)  Any policy of liability or workmen's compensation
and employers liability insurance.

(2)  Any group or blanket policy except as to §§ 438A
and 438B of this article.

(3)  Life insurance, endowment or annuity contracts,
or contracts supplemental thereto which contain only such
provisions relating to health insurance as:

(i) Provide additional benefits in case of
dismemberment or loss of sight, or of death by accident or
accidental means[,]; or [as]

(II) AFFORD ADDITIONAL BENEFITS FOR LONG-TERM
HOME HEALTH CARE AND LONG-TERM CARE IN A NURSING HOME OR OTHER
RELATED INSTITUTION; AND OR

[(ii)] (III) Operate to safeguard such
contracts against lapse, or to give a special surrender value or
special benefit or an annuity in the event that the insured or
annuitant becomes totally and permanently disabled, as defined by
the contract or supplemental contract.

(4)  Reinsurance.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.

Approved May 17, 1988.

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