Vermont Statutes
§ 4018 — Third-party ownership
Nothing in this chapter shall be construed as preventing a person other than the covered individual with proper insurable interest from making application for and owning a policy covering the covered individual or from being entitled under such a policy to any indemnities, benefits, and rights provided in the policy. (Recodified and amended 2025, No. 11, § 2, eff. September 1, 2025.)
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Nearby Sections
15
§ 4011
Definitions§ 4014
Advertising practices§ 4015
Penalties for violations§ 4016
Appeal§ 4018
Third-party ownership§ 4019
Notice as waiver§ 4020
Age limits§ 4021
Termination of coverage