Md. Code, Insurance § 13-105
Md. Code, Insurance § 13-105
in effectCredit life insurance, credit health insurance, and credit involuntary unemployment benefit insurance shall be issued only in the following forms:
(1) an individual policy of life insurance issued to a debtor on a term plan;
(2) an individual policy of health insurance issued to a debtor on a term plan;
(3) a disability benefit provision in an individual policy of credit life insurance;
(4) an individual policy of involuntary unemployment benefit insurance issued to a debtor on a term plan;
(5) a group policy of life insurance issued to a creditor that provides insurance on the lives of debtors on the term plan;
(6) a group policy of health insurance issued to a creditor on a term plan that insures debtors;
(7) a disability benefit provision in a group policy of credit life insurance; or
(8) a group policy of involuntary unemployment benefit insurance issued to a creditor on a term plan that insures debtors.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=13-105&enactments=falseFetched: 10/17/2026