2015 Wyoming Code
TITLE 26 - INSURANCE CODE
CHAPTER 21 - CREDIT LIFE AND DISABILITY INSURANCE
SECTION 26-21-103. - Forms of credit life and credit disability insurance.

WY Stat § 26-21-103. (2015) What's This?

26-21-103. Forms of credit life and credit disability insurance.

(a) Credit life insurance and credit disability insurance shall be issued only in the following forms:

(i) Individual policies of life insurance issued to debtors on the term plan;

(ii) Individual policies of disability insurance issued to debtors on a term plan, or disability benefit provisions in individual policies of credit life insurance;

(iii) Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;

(iv) Group policies of disability insurance issued to creditors on a term plan insuring debtors, or disability benefit provisions in group credit life insurance policies to provide disability coverage.

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