Connecticut § 38a-647 (Formerly Sec. 38-251). Forms of insurance.

Connecticut Statutes

§ 38a-647 — (Formerly Sec. 38-251). Forms of insurance.

Connecticut·Title 38a Insurance·Ch. 700e Credit Life, Accident and Health Insurance

Credit life insurance and credit accident and health insurance shall be issued only in the following forms:

(a)Individual policies of life insurance issued to debtors on the term plan;

(b)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;

(c)group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;

(d)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.

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Credit life insurance and credit accident and health insurance shall be issued only in the following forms: (a) Individual policies of life insurance issued to debtors on the term plan; (b) 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; (c) group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan; (d) 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.

Connecticut § 38a-647 ((Formerly Sec. 38-251). Forms of insurance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.