Syfert Injury Law Firm

Your Trusted Partner in Personal Injury & Workers' Compensation

Call Now: 904-383-7448

O.C.G.A. § 33-31-11 — Right of debtor to furnish insurance | Georgia Code

O.C.G.A. § 33-31-11 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 33 INSURANCE

Section 31. Credit Life Insurance and Credit Accident and Sickness Insurance, 33-31-1 through 33-31-12.

ARTICLE 2 PREFERRED PROVIDER ARRANGEMENTS

33-31-11. Right of debtor to furnish insurance.

When credit life insurance or credit accident and sickness insurance is required as additional security for any indebtedness, the debtor, upon written request to the creditor, shall have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state.

(Code 1933, § 56-3311, enacted by Ga. L. 1960, p. 289, § 1.)

JUDICIAL DECISIONS

Effect of payment with insurance proceeds.

- Since this section gives the debtor the option of procuring the debtor's own insurance coverage, the effect of payment with the proceeds of insurance should be the same regardless of which of the authorized methods of insurance the debtor chooses to employ. Betts v. Brown, 219 Ga. 782, 136 S.E.2d 365 (1964).

Database error: SQLSTATE[HY000]: General error: 8 attempt to write a readonly database

This Georgia Code resource is curated by Graham W. Syfert, Esq., a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. Attorney Syfert regularly works with Title 33 in the context of Georgia insurance coverage law and represents clients throughout Northeast Florida and South Georgia. For legal consultation, call 904-383-7448.