(a) Subject to subsection (b) of this section, each policy of health insurance shall contain the following provision:
“Change of beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change a beneficiary is reserved to the insured and the consent of the beneficiary or beneficiaries shall not be requisite to surrender or assignment of this policy or to any change of beneficiary or beneficiaries, or to any other changes in this policy.”
(b) An insurer may choose to omit from the provision set forth in subsection (a) of this section the clause:
“Unless the insured makes an irrevocable designation of beneficiary”.
Structure Maryland Statutes
Subtitle 2 - Individual Health Insurance Policy Forms and Provisions
Section 15-201 - Form of Policy
Section 15-202 - Language and Order of Policy Provisions
Section 15-203 - Right to Refuse Renewal
Section 15-204 - Age Limit; Misstatement of Age
Section 15-205 - Policies of Foreign or Alien Insurers; Policies of Domestic Insurers
Section 15-206 - Policies and Provisions at Variance With Subtitle
Section 15-207 - Entire Contract; Changes
Section 15-208 - Time Limit on Specified Defenses
Section 15-210 - Reinstatement
Section 15-211 - Notice of Claim
Section 15-213 - Proofs of Loss
Section 15-214 - Time of Payment of Claims
Section 15-215 - Payment of Claims
Section 15-216 - Physical Examinations and Autopsy
Section 15-217 - Time for Bringing Legal Actions
Section 15-218 - Change of Beneficiary
Section 15-219 - Change of Occupation
Section 15-220 - Misstatement of Age
Section 15-221 - Other Insurance With Insurer
Section 15-222 - Insurance With Other Insurers -- Expense Incurred Benefits
Section 15-223 - Insurance With Other Insurers -- Other Benefits
Section 15-224 - Relation of Earnings to Insurance