The Maryland Insurance Administration published a bulletin providing information on the allowance of premium payment by credit card.

According to Maryland Insurance Law, there should not be unfair discrimination in the terms or conditions of insurance for insureds of like risk. In following that rule, the Administration states that if premium payment by credit card is accepted for one insured, that option should be made available for all existing and prospective insureds.

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis