Tex. Finance Code § 348.202
CREDIT LIFE AND CREDIT HEALTH AND ACCIDENT INSURANCE
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 348.202, CREDIT LIFE AND CREDIT HEALTH AND ACCIDENT INSURANCE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647592
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Full text
(a) As additional protection for the contract, a holder may request or require a retail buyer to provide credit life insurance and credit health and accident insurance.
(b) As additional protection for the contract, a seller may offer involuntary unemployment insurance to the buyer at the time the contract is executed.
(c) A holder may include the cost of insurance provided under Subsection (a) or (b), and a policy or agent fee charged in connection with insurance provided under Subsection (a) or (b), as a separate charge in the contract.