Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter58. Insurance. |
Article51. Nature of Policies |
§58-51-100. Credit accident and health insurance
Latest version.
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Credit accident and health insurance is declared to be insurance against death or personal injury by accident or by any specified kind or kinds of accident, and insurance against sickness, ailment, or bodily injury of a debtor who may be indebted to any person, firm, or corporation extending credit to such debtor. The amount of credit accident and health insurance written shall not exceed the installment payment.
(1953, c. 1096, s. 2; 1961, c. 1071.)