Md. Code Regs. 31.08.15.03

Current through Register Vol. 51, No. 21, October 18, 2024

Section 31.08.15.03 - Underwriting Period

A. A binder or policy is subject to a 45-day underwriting period beginning on the effective date of coverage.

B. With respect to an account that contains multiple binders or policies, each binder or policy in the account is subject to a separate 45-day underwriting period beginning on the effective date of coverage for that binder or policy.

Md. Code Regs. 31.08.15.03

Effective date: 41:11 Md. R. 606, eff.6/9/2014