Md. Code, Ins. § 15-102

Current with changes from the 2024 Legislative Session, chs. 2-121
Section 15-102 - Third-party ownership of policies

In this title, the word "insured" may not be construed to prevent a person other than the insured with a proper insurable interest from applying for and owning a policy covering the insured or from being entitled under that policy to any indemnities, benefits, and rights provided in the policy.

Md. Code, IN § 15-102