Statute · California Insurance Code

Cal. Ins. Code § 779.15 — Credit Life and Disability Insurance

Cal. Ins. Code § 779.15

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

If a creditor requires a debtor to make any payment for credit life insurance or credit disability insurance and an individual policy or group certificate of insurance is not issued, the creditor shall immediately give written notice to such debtor and shall promptly make an appropriate credit…

Citator

Cal. Ins. Code § 779.15 — Credit Life and Disability Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

If a creditor requires a debtor to make any payment for credit life insurance or credit disability insurance and an individual policy or group certificate of insurance is not issued, the creditor shall immediately give written notice to such debtor and shall promptly make an appropriate credit to the next payments due on the account.