Cal. Insurance Code § 779.3
Cal. Insurance Code § 779.3
California · California Insurance Code · Status: effective
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- Citation
- Cal. Insurance Code § 779.3, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877444
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Full text
Credit life insurance and credit disability insurance shall be issued only in the following forms:
(a) Individual policies of life insurance issued to debtors on the term plan;
(b) Individual policies of disability insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;
(c) Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;
(d) Group policies of disability insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.