Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 03. INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS |
Chapter 31.03.15. Senior or Retiree Designations and Credentials |
Sec. 31.03.15.02. Scope
Latest version.
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A. This chapter applies to advisors and insurance producers.
B. Under this chapter it is a violation of Insurance Article, Title 27, Annotated Code of Maryland, to use a senior specific designation or certification in a way that misleads or would mislead any person to indicate that the user has special certification or training in advising or serving senior citizens or retirees:
(1) When advising about life insurance, health insurance, or annuities; or
(2) In connection with the offer, sale, or purchase of life insurance, health insurance, or annuities.