§ 3-302
392 words·~2 min read·
/md/insurance/3-302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§3–302.
(a)This subtitle does not apply to:
(1)life insurance;
(2)health insurance, except as provided in subsection
(c)of this section;
(3)annuities;
(4)reinsurance;
(5)wet marine and transportation insurance, except as provided in subsection
(b)of this section;
(6)insurance on a subject that is located, resident, or to be performed wholly outside the State;
(7)insurance on vehicles or aircraft owned and principally garaged outside the State;
(8)insurance on property or operation of railroads engaged in interstate commerce;
(9)insurance:
(i)on aircraft owned or operated by aircraft manufacturers or operated in scheduled interstate flight;
(ii)on cargo of the aircraft described in item
(i)of this item; or
(iii)against liability arising out of the ownership, maintenance, or use of the aircraft described in item
(i)of this item, other than workers’ compensation or employer’s liability; or
(10)medical stop–loss insurance, as defined in § 15–129 of this article.
(b)This subtitle applies to wet marine and transportation insurance on:
(1)a pleasure craft under 60 feet in length that is owned and used for pleasure and not for business, hire, or other commercial use;
(2)fishing vessels under 50 gross tons that are not part of a fleet of 3 or more vessels; and
(3)charter or head boats under 50 gross tons that are not part of a fleet of 3 or more vessels.
(c)Subject to § 3–306.2 of this subtitle, this subtitle applies to:
(1)disability insurance that:
(i)provides for lost income, revenue, or proceeds in the event that an illness, accident, or injury results in a disability that impairs an insured’s ability to work or otherwise generate income, revenue, or proceeds that the insurance is intended to replace; and
(ii)does not include payment for medical expenses, dismemberment, or accidental death; and
(2)short–term medical insurance that provides limited health insurance benefits for a limited period of time to:
(i)residents of the United States who travel to another country within 30 days after the effective date of coverage; and
(ii)residents of another country who:
1. travel to the United States within 30 days after the effective date of coverage; and
2. are not traveling to the United States for the purpose of attending an institution of higher education, as defined in § 10–101 of the Education Article.