Credit unemployment insurance definition

Credit unemployment insurance means insurance:
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 means insurance: 880 (a) offered in connection with an extension of credit; and

Examples of Credit unemployment insurance in a sentence

  • Credit unemployment insurance, meaning insurance on a debtor in connection with a specific loan or other credit transaction, to provide payments to a creditor in the event of unemployment of the debtor for the installments or other periodic payments becoming due while a debtor is unemployed; Drafting Note: Subparagraph (l) is to be used by states which do not authorize credit unemployment insurance as a separate line of business but do permit this line to be written.

  • Other stimulus funds helped bolster other programs in the safety net (e.g., SNAP, TANF and HUD housing assistance, the Earned Income Tax Credit, unemployment insurance, assistance in payment of energy bills, child care, and support for public schools in low-income communities).

  • Credit Unemployment Insurance RSA 408-A:5-a Credit unemployment insurance may be sold in connection with loans or other credit transactions, subject to the provisions of this chapter as applied to credit life insurance and credit accident and health insurance.

  • Credit unemployment insurance rate standards; policy provisions.(a) Beginning September 1, 2018, and every third year thereafter, the Commissioner shall prescribe a minimum incurred loss ratio standard requirement to develop a premium rate reasonable in relation to the benefits provided by credit unemployment insurance coverage.

  • Credit unemployment insurance policies that provide benefits differing in kind or character from the following shall be deemed not to conform to §3201(a) and (c)(8) of the Insurance Law.


More Definitions of Credit unemployment insurance

Credit unemployment insurance means insurance on a debtor to provide indemnity
Credit unemployment insurance means insurance on a debtor in connection with a specified loan or other credit transaction to provide payment to a creditor of the debtor for the installment payments or other periodic payment becoming due while the debtor is involuntarily unemployed as defined in the policy.
Credit unemployment insurance means insurance on a
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.
Credit unemployment insurance means insurance on a debtor in
Credit unemployment insurance means insurance on a debtor in connection with a specified loan or other credit transaction within the state to provide payments to a creditor in the event of unemployment of the debtor for the installments or other periodic payments becoming due while a debtor is unemployed.
Credit unemployment insurance means insurance on a debtor, as authorized by§1113(a)(24) of the Insurance Law, in connection with a specified loan or other credit transaction within the State to provide payment to a creditor in the event of involuntaryunemployment of the debtor for the installment payments or other periodic payments becoming due while the debtor is involuntarily unemployed.