2010 Wisconsin Code
Chapter 632. Insurance contracts in specific lines.
632.97 Application of proceeds of credit insurance policy.

632.97

SUBCHAPTER VIII
MISCELLANEOUS
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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