§ 58-57-10

\nCredit life insurance and credit accident and health insurance shall be issued only in the following forms:\n(1) Individual policies of life insurance issued to debtors on the term plan;\n(2) Individual policies of accident and health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;\n(3) Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;\n(4) Group policies of accident and health insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage. (1975, c. 660, s. 1.)