Montana § 33-1-218 Credit Insurances -- Definitions

Montana Statutes

§ 33-1-218 — Credit Insurances -- Definitions

Montana § 33-1-218

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 1ADMINISTRATION AND GENERAL PROVISIONS

Part 2Definitions and Insurance Coverages

This text of Montana § 33-1-218 (Credit Insurances -- Definitions) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-1-218 (2026).

Text

33-1-218 . Credit insurances -- definitions. As used in this code, the following definitions apply:

(1)"Credit disability insurance" means the same as defined in 33-21-103 .

(2)"Credit life insurance" means the same as defined in 33-21-103 .

(3)"Credit property insurance" means any policy, endorsement, rider, cover note, memorandum, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or pledged as collateral for a credit transaction and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part. Credit property insurance is a type of property insurance as provided for in 33-1-210 .

(4)"Credit unemployment insurance" means insurance on a debtor to provide indemnity for

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33-1-218 . Credit insurances -- definitions. As used in this code, the following definitions apply:
(1) "Credit disability insurance" means the same as defined in 33-21-103 .
(2) "Credit life insurance" means the same as defined in 33-21-103 .
(3) "Credit property insurance" means any policy, endorsement, rider, cover note, memorandum, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or pledged as collateral for a credit transaction and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part. Credit property insurance is a type of property insurance as provided for in 33-1-210 .
(4) "Credit unemployment insurance" means insurance on a debtor to provide indemnity for payments or debt becoming due on a specific loan or other credit transaction while the debtor is involuntarily unemployed as defined in the policy. Credit unemployment insurance is a type of involuntary unemployment insurance as provided for in 33-1-216 .
(5) "Debtor" means the same as defined in 33-21-103 .