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56 chapters · 1,073 sections in this title.
W.S. § 26-21-101 Scope and applicability of chapter
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Scope and applicability of chapter. (a) All life insurance and all disability insurance in connection with loans or other credit transactions is subject to this chapter, except that insurance is not subject to this chapter if: (i) It is in connection with a loan or other credit t…
W.S. § 26-21-102 Definitions
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Definitions. (a) For the purpose of this chapter: (i) "Credit life insurance" means insurance on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction; (ii) "Credit disability insurance" means insurance on a debtor to provide indemnity…
W.S. § 26-21-103 Forms of credit life and credit disability insurance
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Forms of credit life and credit disability insurance. (a) Credit life insurance and credit disability 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 disability insura…
W.S. § 26-21-104 Amount of credit life insurance
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Amount of credit life insurance. (a) The initial amount of credit life insurance shall not exceed the total amount repayable under the contract of indebtedness. (b) If an indebtedness is repayable in substantially equal installments, the amount of insurance shall not exceed the s…