Credit accident and health insurance definition

Credit accident and health insurance means insurance on a debtor to provide
Credit accident and health insurance means insurance on a debtor to provide indemnity for payments coming due on a specific loan or other credit transaction while the debtor has a disability.
Credit accident and health insurance means insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction while the debtor is disabled as defined in the policy.

Examples of Credit accident and health insurance in a sentence

  • Credit accident and health insurance sold under subdivision (2) of this subsection shall not provide indemnity against the risk of a borrower becoming disabled for a period of less than fourteen days, except that it may provide for retroactive coverage if the disability continues for the period stated in the policy.

  • Accident and health premium rate deviations Credit accident and health insurance premium rates exceeding the standards in paragraph (E)(2) of this rule may be approved, as not being excessive in relation to the benefits provided, for the insurance covering the debtors of a creditor or a class of business hereinafter called the "case," if the credible loss ratio for the case is more than sixty per cent.

  • Credit accident and health insurance prima facie premium rates for the insured portion of an indebtedness repayable in equal monthly installments, where the insured portion of the indebtedness decreases uniformly by the amount of the monthly installment paid, shall be as set forth in paragraphs (1) and (2).

  • Credit accident and health insurance contracts are discussed in Issue Paper No. 59—Credit Life and Accident and Health Insurance Contracts.

  • Credit accident and health insurance may provide for indemnity against all periodic payments or may be limited either in number or amount as defined in the policy.


More Definitions of Credit accident and health insurance

Credit accident and health insurance means insurance to provide indemnity for payments that become due on a specific credit transaction of a debtor when the debtor is disabled, as defined in the insurance policy.
Credit accident and health insurance means insurance
Credit accident and health insurance means insurance as defined in Section 31A-22-802.
Credit accident and health insurance means insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction as defined in G.S. 58-51-100, with or without insurance against death by accident.
Credit accident and health insurance which means that form of insurance under which a borrower of money or a purchaser of goods is indemnified in connection with a specific loan or credit transaction against loss of time resulting from accident or sickness; and
Credit accident and health insurance means insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction as defined in G.S. 58-254.8;
Credit accident and health insurance means insurance as defined in R.I. Gen. Laws § 27-31-3 Laws including loans of unspecified duration, unless it can be