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N.H. Rev. Stat. Ann. § 408-A:3

Forms of Credit Life Insurance and Credit Accident and Health Insurance

Known as the The Model Act

The act spans §§ 408-A:1 to 408-A:9 (16 sections).

Source. 1959, 66:1, eff

Credit life insurance and credit accident and health insurance shall be issued only in the following forms:

I. Individual policies of life insurance issued to debtors on the term plan;

II. Individual policies of accident and health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;

III. Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;

IV. Group policies of accident and health insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.

Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.