New Mexico § 59A-25-4 Forms of credit life, credit health insurances

New Mexico Statutes

§ 59A-25-4 — Forms of credit life, credit health insurances

New Mexico § 59A-25-4

Ch. 59AInsurance Code

Art. 25Credit Life and Credit Health Insurance

This text of New Mexico § 59A-25-4 (Forms of credit life, credit health insurances) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 59A-25-4 (2026).

Text

Credit life insurance and credit health insurance shall be issued only in the following forms: A. individual policies of life insurance issued to debtors on the term plan; B. individual policies of health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance; C. group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan; and D. group policies of health insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.

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

Credit life insurance and credit health insurance shall be issued only in the following forms: A. individual policies of life insurance issued to debtors on the term plan; B. individual policies of health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance; C. group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan; and D. group policies of health insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.