En el caso de una póliza emitida a un acreedor para asegurar deudores de dicho acreedor, la póliza deberá contener una disposición de que el asegurador proveerá al tenedor de la póliza para entrega a cada deudor asegurado bajo la póliza un formulario que tendrá una declaración de que la vida del deudor está asegurada bajo la póliza y que cualquier beneficio por muerte pagado de acuerdo con dicha póliza a causa de su muerte será usado para reducir o liquidar la deuda.
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