District of Columbia Statutes

§ 31-5103 — Forms authorized to be issued.

District of Columbia·Title 31 Insurance and Securities.·Ch. 51 Credit Life, Accident, and Health Insurance.

Credit 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 provisions in individual life policies to provide such coverage;
(3)Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan; and
(4)Group policies of accident and health insurance issued to creditors on a term plan insuring debtors or disability provisions in group life policies to provide such coverage.

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Legislative History

Sept. 25, 1962, 76 Stat. 581, Pub. L. 87-686, § 3

Nearby Sections

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