(a) Notwithstanding any provision of this article or other law that specifies the content of policies, the Commissioner may approve and insurers may issue simplified policies of insurance that provide broad coverage of all or various combinations of risks.
(b) The Commissioner shall adopt regulations that:
(1) specify the standards that must be met by insurers for issuing simplified policies; and
(2) ensure protections to policyholders and claimants that are not less favorable than protections to which they would be entitled under a substantially similar policy that is not subject to this section.
Structure Maryland Statutes
Title 12 - Policy Forms and Provisions
Subtitle 1 - General Provisions
Section 12-101 - Scope of Title
Section 12-102 - Standard Provisions
Section 12-103 - Validity and Construction of Noncomplying Conditions or Provisions
Section 12-104 - Validity and Effect of Limitations Periods
Section 12-105 - Waiver of Policy Provisions or Defenses by Insurers
Section 12-106 - Binders or Contracts for Temporary Insurance