Sec. 1153.161. INSURANCE MAY BE PROVIDED BY DEBTOR. If credit life insurance or credit accident and health insurance is required as additional security for a debt, the debtor, on request to the creditor, may provide the required amount of insurance through: (1) an existing insurance policy owned or controlled by the debtor; or (2) an insurance policy obtained from an insurer authorized to engage in the business of insurance in this state.
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