Passed BothConf. Cmte
- Long-Term Care Insurance - Sale or Transfer of Book of Business
- Sponsored by
- Senators Kelley and Middleton
- In the Senate - Hearing 3/30 at 1:00 p.m.
- Fiscal and Policy Note
Requiring specified carriers that issue, deliver, or offer policies, contracts, or certificates of long-term care insurance in the State and sell or otherwise transfer their books of business to another carrier to, at least 14 days before the sale or transfer, provide specified written notice to each insured and provide a specified database to the Maryland Insurance Commissioner.
Bill File Type: Regular
Effective Date(s): Upon Enactment
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( 18-118.1 )
Last Updated: 2/3/2020 2:36 PM