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.
(1959, P.A. 576, S. 3.)
History: Sec. 38-251 transferred to Sec. 38a-647 in 1991.
Structure Connecticut General Statutes
Chapter 700e - Credit Life, Accident and Health Insurance
Section 38a-645. (Formerly Sec. 38-249). - Applicability.
Section 38a-646. (Formerly Sec. 38-250). - Definitions.
Section 38a-647. (Formerly Sec. 38-251). - Forms of insurance.
Section 38a-648. (Formerly Sec. 38-252). - Allowable amount of insurance.
Section 38a-649. (Formerly Sec. 38-253). - Term of insurance.
Section 38a-650. - (Formerly 38-254). Policy or certificate requirements.
Section 38a-652. (Formerly Sec. 38-256). - Filing of rates.
Section 38a-654. (Formerly Sec. 38-258). - Processing of claims.
Section 38a-655. (Formerly Sec. 38-259). - Option of debtor in furnishing insurance.
Section 38a-656. (Formerly Sec. 38-260). - Regulations. Enforcement.