§ 58-57-55. Issuance of policies. - North Carolina Statutes

§ 58‑57‑55. Issuance of policies.

All policies of credit lifeinsurance and credit accident and health insurance shall be issued only by aninsurer authorized to do business in this State and shall be issued onlythrough holders of licenses or authorizations issued by the Commissioner. Withthe exception of credit insurance issued in accordance with G.S. 58‑57‑105,all policies of credit life insurance and credit accident and health insuranceshall be delivered or issued for delivery in this State. The enrollment ofdebtors under a group policy issued to a creditor and authorized under thisArticle shall not constitute the issuance of a policy of insurance. (1975, c. 660, s. 1; 2005‑181,s. 3.)