Current through L. 2024, c. 185.
Section 4104 - Forms and plansCredit life insurance and credit accident and health insurance shall be issued only in the following forms:
(1) individual policies of life insurance issued to debtors on the term plan;(2) individual policies of accident and health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;(3) group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;(4) group policies of accident and health insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.Added 1959, No. 221, § 3.