Ch. 400

2003 LAWS OF MARYLAND

(e) Notwithstanding any other provision of law, in any newly issued policy of
life insurance, the 2-year exclusion for death as a result of suicide allowed in
subsection (b)(1)(v) of this section is deemed to begin on the date on which the insurer
first issued a life insurance policy to the insured except that:

(1)     the exclusion for death as a result of suicide may begin on the date of
issue of the new policy if the prior policy terminates:

(i) before the date of issue of the new policy; or

(ii) more than 12 months after the date of issue of the new policy;

(2)     if the newly issued policy provides death benefits in excess of the
amount of death benefits payable under the prior policy, the exclusion for death as a
result of suicide as to the excess amount of death benefits only may begin on the date
of issue of the new policy; and

(3)     for purposes of the exclusion for death as a result of suicide, if more
than one prior policy is terminated within the 12-month period specified in item (1) of
this subsection, the suicide exclusion period for the amount of death benefits
represented by the terminated policies is deemed to have begun on the dates of issue
of those policies.

17-101.

(a)     Unless approved by the Commissioner, a group life insurance policy may
not be offered to a resident of the State under a group life insurance policy issued:

(1)     to a group other than one described in Subtitle 2 of this title; or

(2)     in another jurisdiction unless the type of group to be covered
conforms substantially to a type of group described in Subtitle 2 of this title.

(b)     The premium for the policy shall be paid either from the policyholder's
funds or from funds contributed by the covered persons, or from both.

(c)      An insurer may exclude or limit the coverage on any person as to whom
evidence of individual insurability is not satisfactory to the insurer.

(D) A POLICY OF GROUP LIFE INSURANCE MAY NOT BE DELIVERED OR ISSUED
FOR DELIVERY IN THE STATE IF THE POLICY EXCLUDES OR RESTRICTS LIABILITY
FOR DEATH THAT IS THE RESULT OF AN ACT OF TERRORISM THAT THE COVERED
PERSON DID NOT COMMIT AND IN WHICH THE COVERED PERSON DID NOT
PARTICIPATE.

[(d)](E) An insurer who seeks to solicit coverage for Maryland residents
under a group life insurance policy issued in another jurisdiction shall include in the
certificate form used in connection with the coverage a notice on the first page in
12-point bold type that states:

"The group insurance policy providing coverage under this certificate was issued
in a jurisdiction other than Maryland and may not provide all of the benefits required
by Maryland law."

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