What is required regarding the payment of premiums in a debtor group insurance policy?

In a debtor group insurance policy, the premium can indeed be combined from both the creditor and the debtors. This arrangement allows for more flexibility in how premiums are financed and paid. In these policies, the creditor purchases the group insurance to cover multiple debtors, which means the responsibility for premium payments can be shared.

The creditor may contribute towards the premium to ensure coverage for the debtors, who might not individually be able to afford the premiums or may rely on the creditor's support. This combined payment approach helps maintain the insurance coverage while potentially easing financial burdens on individual debtors.

This option reflects the practical arrangement typically outlined in debtor group insurance policies, where the economic interest of both the creditor and the debtors is considered in the premium payment structure.