2010 Wisconsin Code
Chapter 632. Insurance contracts in specific lines.
632.97 Application of proceeds of credit insurance policy.
632.97 Application of proceeds of credit insurance policy. Payment to a creditor of any amounts insured under the terms of a credit insurance policy reduces the debt proportionately. This rule does not apply to an insurance policy on which the debtor pays no part of the premium, directly or indirectly.
632.97 - ANNOT.History: 1975 c. 375.
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