The KRS does not define "debtor, borrower or purchaser of property." Using comon sense, you would think the disclosure would apply to businesses. But we know where common sense gets us now days.
For what it is worth, Laser Pro (our lending software) produces the Kentucky Insurance Disclosure when we do loans to businesses that are secured by collateral in which we require VSI.
Safe way to go would be to disclose, but that is just my two cents!