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Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 632.97: Application of proceeds of credit insurance policy.

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Where this section sits in the code
  1. Chs. 600-655, Insurance
  2. Chapter 632 Insurance Contracts In Specific Lines
  3. SUBCHAPTER VIII MISCELLANEOUS

Payment to a creditor of any amounts insured under the terms of a credit insurance policy reduces the debt proportionately. This rule does not apply to an insurance policy on which the debtor pays no part of the premium, directly or indirectly.

Collected 2026-09-05T12:01:32Z. Source file · JSON

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