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Code · North Carolina · Chapter 58 — Insurance

§ 58-58-10. Credit life insurance defined.

61 words·~1 min read·/nc/chapter-58/58-58-10

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§ 58-58-10. Credit life insurance defined.
Credit life insurance is declared to be insurance upon the life of a debtor who may be indebted to any person, firm, or corporation extending credit to said debtor. Credit life insurance may include the granting of additional benefits in the event of total and permanent disability of the debtor. (1953, c. 1096, s. 1.)
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