Connecticut § 38a-655 (Formerly Sec. 38-259). Option of debtor in furnishing insurance.

Connecticut Statutes

§ 38a-655 — (Formerly Sec. 38-259). Option of debtor in furnishing insurance.

Connecticut § 38a-655

Title 38aInsurance

Ch. 700eCredit Life, Accident and Health Insurance

This text of Connecticut § 38a-655 ((Formerly Sec. 38-259). Option of debtor in furnishing insurance.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 38a-655 (2026).

Text

When credit life insurance or credit accident and health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state.

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When credit life insurance or credit accident and health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state.