§431:10B-104  Forms of credit life insurance
and credit disability insurance.  Credit life insurance and credit
disability insurance shall be issued only in the following forms:



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



(2)  Individual policies of accident and health or
sickness insurance issued to debtors on a term plan or disability benefit
provisions in individual policies of credit life insurance;



(3)  Group policies of life insurance issued to
creditors pursuant to section 431:10D-203 providing insurance upon the lives of
debtors on the term plan; and



(4)  Group policies of accident and health or sickness
insurance issued to creditors on a term plan insuring debtors or disability
benefit provisions in group credit life insurance policies to provide such
coverage. [L 1987, c 347, pt of §2; am L 2003, c 212, §82]