Georgia Statutes
§ 33-31-3 — Issuance of policies generally
Georgia·Title 33
Credit life insurance and credit accident and sickness 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 sickness insurance issued to debtors on a term plan or disability 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; and (4) Group policies of accident and sickness insurance issued to creditors on a term plan insuring debtors or disability provisions in group life policies to provide the coverage.
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