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Current as of January 01, 2024 | Updated by Findlaw Staff
A policy issued to a creditor to insure debtors of the creditor shall contain a provision that the insurer shall furnish to the policyholder for delivery to each debtor insured under the policy a form which shall contain a statement that the life of the debtor is insured under the policy and that any death benefit paid thereunder by reason of his death shall first be applied to reduce or extinguish the indebtedness.
Cite this article: FindLaw.com - Wyoming Statutes Title 26. Insurance Code § 26-17-121. Information to debtor insured under creditor's policy - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-26-insurance-code/wy-st-sect-26-17-121/
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