Iowa § 509.16 Premium rates approved

Iowa Statutes

§ 509.16 — Premium rates approved

Iowa § 509.16

Title XIIICOMMERCE

Ch. 509GROUP INSURANCE

This text of Iowa § 509.16 (Premium rates approved) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 509.16 (2026).

Text

1.An individual policy of credit life or credit accident and health insurance or certificate under a policy of group credit life or credit accident and health insurance shall not be issued for delivery or delivered in this state unless the premium rates charged for the insurance are approved by the commissioner of insurance.

2.The commissioner of insurance, after notice and hearing, may adopt rules as are necessary to identify specific methods of competition or acts or practices within the business of credit life and credit accident and health insurance which are unfair or deceptive.

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1. An individual policy of credit life or credit accident and health insurance or certificate
under a policy of group credit life or credit accident and health insurance shall not be issued
for delivery or delivered in this state unless the premium rates charged for the insurance are
approved by the commissioner of insurance.
2. The commissioner of insurance, after notice and hearing, may adopt rules as are
necessary to identify specific methods of competition or acts or practices within the business
of credit life and credit accident and health insurance which are unfair or deceptive.