Statute · California Insurance Code

Cal. Ins. Code § 10127.5 — General Provisions

Cal. Ins. Code § 10127.5

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
1984-09-17
Current through
Nov 2, 2026 (California Legislative Counsel)

Every application for, certificate of, and policy of credit life or credit disability insurance shall set forth a statement in bold capital letters indicating that any preexisting health condition of the applicant may render the coverage void, if that is the case.

Citator

Cal. Ins. Code § 10127.5 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

Every application for, certificate of, and policy of credit life or credit disability insurance shall set forth a statement in bold capital letters indicating that any preexisting health condition of the applicant may render the coverage void, if that is the case.

For the purpose of this section, “credit life or credit disability insurance” means insurance on the life or health of any borrower sold by any creditor to provide for the repayment of the amount of a loan or other extension of credit in the event of the debtor’s death or disability as defined in the policy.