Information to debtors.

Del. Code tit. 18, § 3124
in effect
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In the case of a policy insuring the lives of debtors, such a group life insurance policy shall contain a provision that the insurer will furnish to the policyholder for delivery to each debtor insured under the policy a certificate of insurance describing the coverage and specifying that the death benefit shall first be applied to reduce or extinguish the indebtedness.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title18/c031/index.htmlFetched: 10/4/2026

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