Md. Code, Insurance § 5-309
Md. Code, Insurance § 5-309
in effect(a) This section does not apply to reserves for disability and accidental death benefits and benefits for long-term home health care and long-term care in a nursing home or other related institution included in a life insurance policy.
(b) An insurer’s aggregate reserves for all life insurance policies may not be less than the aggregate reserves calculated in accordance with:
(1) the methods set forth in §§ 5-307, 5-308, 5-311, and 5-312 of this subtitle; and
(2) the mortality tables and rates of interest used in calculating nonforfeiture benefits for those policies.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=5-309&enactments=falseFetched: 10/17/2026