Conn. Gen. Stat. § 38a-647

Current with legislation from 2024 effective through June 5, 2024.
Section 38a-647 - (Formerly Sec. 38-251). Forms of insurance

Credit life insurance and credit accident and 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 accident and 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;
(d) 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.

Conn. Gen. Stat. § 38a-647

(1959, P.A. 576, S. 3.)