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Terms Used In Maryland Code, INSURANCE 12-303

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
A change of interest on the death of the insured does not void property insurance and the property insurance passes to the person taking the interest in the property.
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