When consumer credit insurance is required as additional security for any debt, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of 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 any insurance business within this State.
Del. Code tit. 18, § 3711
Existing insurance — Choice of insurer
Known as the Delaware Consumer Credit Insurance Model Act
The act spans §§ 18–18 (13 sections).
70 Del
Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.