(a) All burial insurance benefits shall be paid in cash to the beneficiary.
(b) A person engaged in the business of burial insurance may not pay or contract to pay wholly or partly burial insurance or its benefits to:
(1) an official mortician, funeral director, or undertaker;
(2) a designated mortician, funeral director, undertaker, or funeral directing or undertaking concern; or
(3) a particular tradesperson or businessperson.
(c) This section does not apply to life insurance or an annuity used to fund a pre-need contract as defined in § 7-101 of the Health Occupations Article or a preneed burial contract as defined in § 5-701 of the Business Regulation Article.
Structure Maryland Statutes
Title 27 - Unfair Trade Practices and Other Prohibited Practices
Subtitle 2 - Unfair Methods of Competition and Unfair and Deceptive Acts or Practices
Section 27-202 - Misrepresentations About Policies
Section 27-203 - False Advertisements About Insurance Business
Section 27-204 - False Statements About Insurers
Section 27-205 - False Statements of Financial Condition of Insurer
Section 27-206 - Boycott, Coercion, and Intimidation
Section 27-207 - Stock and Contracts as Inducement to Insurance
Section 27-208 - Unfair Discrimination -- Life Insurance, Health Insurance, and Annuities
Section 27-209 - Rebates -- Life Insurance, Health Insurance, and Annuities
Section 27-210 - Effect of 27-208 and 27-209 of This Subtitle
Section 27-211 - Use of Insurance as Inducement
Section 27-213 - Twisting Prohibited
Section 27-214 - Coerced or Tie-in Sales
Section 27-215 - Interlocking Ownership or Management
Section 27-216 - Improper Premiums and Charges
Section 27-217 - Group Insurance
Section 27-218 - Burial Insurance Benefits
Section 27-219 - Misrepresentation as Insurer
Section 27-220 - Maryland Children's Health Program
Section 27-221 - Prohibition Against Reunderwriting
Section 27-222 - Violation of 15-112(h) of This Article Prohibited
Section 27-223 - Misleading Use of Senior or Retiree Credential or Designation
Section 27-224 - Compliance With Federal Medicare Marketing Guidelines
Section 27-225 - Prohibition Against Confessed Judgment Clause in Bail Bond Agreements