§ 58-51-100. Credit accident and health insurance. - North Carolina Statutes

§58‑51‑100.  Credit accident and health insurance.

Credit accident and healthinsurance is declared to be insurance against death or personal injury byaccident or by any specified kind or kinds of accident, and insurance againstsickness, ailment, or bodily injury of a debtor who may be indebted to anyperson, firm, or corporation extending credit to such debtor. The amount ofcredit accident and health insurance written shall not exceed the installmentpayment. (1953, c. 1096, s. 2; 1961, c. 1071.)