California Financial Code ARTICLE 6 - Insurance Sold With Loans

• Section 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 Code.(2) “Credit loss-of-income...
• Section 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...
• Section 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...
• Section 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 indemnity in accordance with...
• Section 18293.
  If credit disability or loss-of-income insurance is provided pursuant to this division, the industrial loan company shall also deliver an understandable written statement to the...
• Section 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...
• Section 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...
• Section 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...

Last modified: October 22, 2018