Skip to navigation Skip to content Skip to subnav
Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 8 : Banking and Insurance

Chapter 109 : CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND HEALTH INSURANCE

(Cite as: 8 V.S.A. § 4112)
  • § 4112. Existing insurance; choice of insurer

    When credit life insurance or credit accident and health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this State. (Added 1959, No. 221, § 11.)