Nebraska § 44-1712 Additional security; insurance; existing policies; acceptance

Nebraska Statutes

§ 44-1712 — Additional security; insurance; existing policies; acceptance

Nebraska·Ch. 44 Insurance

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.

Nebraska § 44-1712 (Additional security; insurance; existing policies; acceptance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.