§ 27-218. Burial insurance benefits

MD Ins Code § 27-218 (2019) (N/A)
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(a)    All burial insurance benefits shall be paid in cash to the beneficiary.

(b)    A person engaged in the business of burial insurance may not pay or contract to pay wholly or partly burial insurance or its benefits to:

(1)    an official mortician, funeral director, or undertaker;

(2)    a designated mortician, funeral director, undertaker, or funeral directing or undertaking concern; or

(3)    a particular tradesperson or businessperson.

(c)    This section does not apply to life insurance or an annuity used to fund a pre-need contract as defined in § 7-101 of the Health Occupations Article or a preneed burial contract as defined in § 5-701 of the Business Regulation Article.