§431:10B-112  Existing insurance and choice
of insurer.  When credit life insurance or credit disability insurance is
required as additional security for any indebtedness, the creditor shall give
the debtor written notice of the debtor's option to furnish the required
insurance through existing policies of insurance owned or controlled by the
debtor or of procuring and furnishing the required coverage through any insurer
authorized to transact an insurance business in this State. [L 1987, c 347, pt
of §2]