California § 779.3. 779.3. (Added by Stats. 1959, Ch. 1667.)

California Statutes

§ 779.3. — 779.3. (Added by Stats. 1959, Ch. 1667.)

California·Code INS Insurance Code - INS·Div. 1. DIVISION 1. GENERAL RULES GOVERNING INSURANCE·Part 2. PART 2. THE BUSINESS OF INSURANCE·Ch. 1. CHAPTER 1. General Regulations·Art. 5.9. ARTICLE 5.9. Credit Life and Disability Insurance

Credit life insurance and credit disability insurance shall be issued only in the following forms:

(a)Individual policies of life insurance issued to debtors on the term plan;

(b)Individual policies of disability insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;

(c)Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;

(d)Group policies of disability insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.

Free access — add to your briefcase to read the full text and ask questions with AI

Credit life insurance and credit disability insurance shall be issued only in the following forms:
(a)
Individual policies of life insurance issued to debtors on the term plan;
(b)
Individual policies of disability insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;
(c)
Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;
(d)
Group policies of disability insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.

California § 779.3. (779.3. (Added by Stats. 1959, Ch. 1667.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.