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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Credit life insurance and credit disability insurance shall be issued only in the following forms:
(i) Individual policies of life insurance issued to debtors on the term plan;
(ii) Individual policies of disability insurance issued to debtors on a term plan, or disability benefit provisions in individual policies of credit life insurance;
(iii) Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;
(iv) Group policies of disability insurance issued to creditors on a term plan insuring debtors, or disability benefit provisions in group credit life insurance policies to provide disability coverage.
Cite this article: FindLaw.com - Wyoming Statutes Title 26. Insurance Code § 26-21-103. Forms of credit life and credit disability insurance - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-26-insurance-code/wy-st-sect-26-21-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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