ARTICLE 6. Insurance Sold With Loans [18290. - 18296.]
Article 6 added by Stats. 1976, Ch. 964.
§§ 18290–18296 · 8 sections
- § 18290 (a) As used in this division: (1) “Credit life insurance” and “credit disability insurance” have the same meanings as defined in Section 779.2 of the Insurance…
- § 18291 (a) If credit life or disability insurance is provided pursuant to this division, and if the insured borrower dies or becomes disabled during the term of the…
- § 18292 (a) If credit disability insurance is provided pursuant to this division, it shall not provide indemnity against the risk of a borrower becoming disabled for a…
- § 18292.5 If credit loss-of-income insurance is provided pursuant to this division, it shall be subject to the following conditions: (a) The insurance shall provide…
- § 18293 If credit disability or loss-of-income insurance is provided pursuant to this division, the industrial loan company shall also deliver an understandable…
- § 18294 An industrial loan company may collect the costs for insurance of tangible personal or real property offered as security for a loan, reasonably insured against…
- § 18295 An industrial loan company may collect the costs of title insurance for loans secured primarily by real property. The costs for such insurance may be collected…
- § 18296 An industrial loan company may collect the costs of insurance of the type defined by subdivision (a) of Section 12640.02 of the Insurance Code. Costs…