Consumer credit insurance definition

Consumer credit insurance means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include:
Consumer credit insurance means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include insurance indemnifying the extender of credit against loss due to the debtor's default and non-filing insurance.
Consumer credit insurance means insurance that insures the capacity of the debtor to make repayments under the credit contract, including insurance against sickness of, injury to, or disability or death of, the debtor or against unemployment of the debtor, and also including life insurance (including insurance under a group policy) to cover any outstanding amount on the debtor’s death.

Examples of Consumer credit insurance in a sentence

  • Report 256: Consumer credit insurance: A review of sales practices by authorised deposit taking institutions.

  • Finally, thanks to Vir Z., who has brought a permanent and outstanding though discreet contribution to this protocol.

  • The Insurance Brokers Code of Practice makes this explicit: “When we act for an insurer and not on your behalf we will… comply with any obligation that the insurer has under any law or code of practice the insurer subscribes to, where relevant to our conduct and subject to our agreement with the insurer.”23 21 ASIC (October 2011), Consumer credit insurance: A review of sales practices of Authorised Deposit-taking Institutions, Report 256.

  • Only 1.15 million people in LSM 1-6 claim to have a credit contract, while only 710,000 claim to have a related insurance policy Consumer credit insurance: R3 billion, funeral: unknown (may be underwriter and/or intermediary) Est.

  • Consumer credit insurance premium revenue has declined somewhat in recent years, for several reasons.


More Definitions of Consumer credit insurance

Consumer credit insurance means credit insurance as defined in the National Credit Act;
Consumer credit insurance means credit life insurance or credit accident and health insurance defined in RCW 48.34.030.
Consumer credit insurance means insurance that insures the capacity of a consumer to make payments under a credit contract, including for a reason related to sickness, injury, disability or death or unemployment.
Consumer credit insurance means that term as defined in the Insurance Contracts Act 1984 (Cth);
Consumer credit insurance means insurance, other than
Consumer credit insurance means credit life insurance or credit accident and health insurance defined in RCW 48.34.030.284-34-040 Rate filings and deviations from prima facie rates. [Order 324 (part), filed 9/26/67, effective 1/1/68.] Repealed by WSR 05-02-076 (Matter No. R 2002-02), filed 1/4/05, effective 4/1/05. Statutory Authority: RCW 48.02.060, 48.30.010, 48.34.100, and 48.34.110.284-34-050 Refunds. [Order R-75-4, § 284-34-050, filed 9/25/75; Order 324 (part), filed 9/26/67, effective 1/1/68.] Repealed by WSR 05-02-076 (Matter No. R 2002-02), filed 1/4/05, effective 4/1/05. Statutory Authority: RCW
Consumer credit insurance means credit insurance as defined in the National Credit Act, 2005 (Act No. 34 of 2005), but excludes subsection (a) of such definition;