Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 09 - LIFE INSURANCE AND ANNUITIES
Chapter 31.09.05 - Replacement of Life Insurance and Annuities
Section 31.09.05.11 - Replacement Form B
Universal Citation: MD Code Reg 31.09.05.11
Current through Register Vol. 51, No. 19, September 20, 2024
Are you thinking about buying a new life insurance policy or annuity and discontinuing or changing an existing one If you are, your decision could be a good one-or a mistake. You will not know for sure unless you make a careful comparison of your existing benefits and the proposed life insurance policy or annuity contract's benefits.
Make sure you understand the facts. You should ask the company or insurance producer that sold you your existing life insurance policy or annuity contract to give you information about it.
Hear both sides before you decide. This way you can be sure you are making a decision that is in your best interest.
Disclaimer: These regulations may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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