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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 31: GROUP LIFE INSURANCE
24-A §2624. Information to debtor
Universal Citation:
24-A ME Rev Stat § 2624 (2011 through 125th Legis)
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§2624. Information to debtor
In the case of a policy insuring the lives of debtors, a provision that the insurer will furnish to the policyholder for delivery to each debtor insured under the policy a certificate of insurance describing the coverage and specifying that the death benefit shall first be applied to reduce or extinguish the indebtedness. [1981, c. 150, §28 (RPR).]
SECTION HISTORY
1969, c. 132, §1 (NEW). 1981, c. 150, §28 (RPR).
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