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Code · Nebraska · Chapter 44 — Insurance

44-1704. Forms of policy.

108 words·~1 min read·/ne/chapter-44/44-1704

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Credit life insurance and credit accident and health insurance shall be issued only in the following forms:
(1)Individual policies of life insurance issued to debtors on the term plan;
(2)Individual policies of accident and health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;
(3)Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan; or
(4)Group policies of accident and 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.
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