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Maryland · Through 2026-01-01

Md. Code, Insurance § 18–117

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Where this section sits in the code
  1. Article - Insurance

(a) Whenever a long-term care benefit that is funded through a life insurance vehicle by the acceleration of the death benefit is in benefit payment status, the carrier shall provide a monthly report to the policyholder.

(b) A report under this section shall include:

(1) any long-term care benefits paid out during the month;

(2) an explanation of any changes in the policy, including changes to death benefits or cash values, that result from the payment of long-term care benefits; and

(3) the amount of long-term care benefits that remain.

Collected 2026-09-14T19:59:28Z. Source file · JSON

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