Bill > S683

This bill aims to provide greater fairness in insurance policies. It prohibits insurance policies from including provisions that give the insurer or its agent discretionary authority to determine eligibility for benefits or interpret the terms of the policy, as this could lead to a deferential standard of review by courts. The bill requires the Commissioner of Insurance to not approve any health, life, or disability policy that includes such discretionary authority provisions, or that contains inconsistent, ambiguous, or misleading clauses or exceptions that could affect the risk assumed under the policy. The bill also includes a severability clause to ensure that if any part of the law is found to be unenforceable, the rest of the law can still be given effect.

Business and Industry

https://malegislature.gov/Bills/192/S683