2016 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 109 - Credit Life Insurance And Credit Accident And Health Insurance
§ 4112 Existing insurance; choice of insurer
§ 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.)
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