§ 58-58-10. Credit life insurance defined. - North Carolina Statutes

§58‑58‑10.  Credit life insurance defined.

Credit life insurance isdeclared to be insurance upon the life of a debtor who may be indebted to anyperson, firm, or corporation extending credit to said debtor. Credit lifeinsurance may include the granting of additional benefits in the event of totaland permanent disability of the debtor. (1953, c. 1096, s. 1.)