State Codes and Statutes
Statutes > Maine > Title24a > Title24-Ach31sec0 > Title24-Asec2624Title 24-A: MAINE INSURANCE CODE
Chapter 31: GROUP LIFE INSURANCE
§2624. Information to debtor
In the case of a policy insuring the lives of debtors, a provision that the insurer will furnish to the policyholder for delivery to each debtor insured under the policy a certificate of insurance describing the coverage and specifying that the death benefit shall first be applied to reduce or extinguish the indebtedness. [1981, c. 150, §28 (RPR).]
SECTION HISTORY
1969, c. 132, §1 (NEW). 1981, c. 150, §28 (RPR).
