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

California Statutes

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

California § 779.3.

JurisdictionCalifornia

Code INSInsurance 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

This text of California § 779.3. (779.3. (Added by Stats. 1959, Ch. 1667.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Insurance Code - INS Code § 779.3. (2026).

Text

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.

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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.