§ 4104.
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§ 4104. Forms and plans
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. (Added 1959, No. 221, § 3.)