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§ 15-205. Policies of foreign or alien insurers; policies of domestic insurers

MD Ins Code § 15-205 (2019) (N/A)
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(a)    A policy of a foreign insurer or alien insurer that is delivered or issued for delivery in the State may contain a provision that:

(1)    is not less favorable to the insured or beneficiary than the provisions of this subtitle; and

(2)    is required by the law of the state or country under which the foreign insurer or alien insurer is organized.

(b)    A policy of a domestic insurer that is issued for delivery in another state or country may contain a provision that is allowed or required by the laws of the other state or country.

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§ 15-206. Policies and provisions at variance with subtitle