New Hampshire Statutes
§ 408-A:4 — Amount of Credit Life Insurance and Credit Accident and Health Insurance
New Hampshire § 408-A:4
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 408-ACREDIT LIFE AND ACCIDENT AND HEALTH INSURANCE
This text of New Hampshire § 408-A:4 (Amount of Credit Life Insurance and Credit Accident and Health Insurance) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 408-A:4 (2026).
Text
I.Credit Life Insurance. The amount of credit life insurance shall not exceed the initial indebtedness. Where an indebtedness repayable in substantially equal installments is secured by an individual policy of credit life insurance, the amount of insurance shall at no time exceed the scheduled amount of indebtedness, and where secured by a group policy of credit life insurance, shall at no time exceed the amount of unpaid indebtedness.
II.Credit Accident and Health Insurance. The total amount of indemnity payable by credit accident and health insurance in the event of disability, as defined in the policy, shall not exceed the aggregate of the periodic scheduled unpaid installments of the indebtedness; and the amount of each periodic indemnity payment shall not exceed the original indebte
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Legislative History
1959, 66:1, eff. June 22, 1959.
Nearby Sections
15
§ 408-A:1
Purpose§ 408-A:10
Claims§ 408-A:11
Existing Insurance, Choice of Insurer§ 408-A:12
Enforcement§ 408-A:13
Judicial Review§ 408-A:14
Penalties§ 408-A:15
Separability Provision§ 408-A:2
Scope and Definitions§ 408-A:5-a
Credit Unemployment Insurance§ 408-A:8
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Bluebook (online)
New Hampshire § 408-A:4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/408-A/408-A%3A4.