Statute · California Insurance Code

Cal. Ins. Code § 779.16 — Credit Life and Disability Insurance

Cal. Ins. Code § 779.16

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

The amount charged to a debtor for any credit life or credit disability insurance shall not exceed the premium rates filed with the commissioner for the coverage provided or the premiums charged by the insurer, as computed at the time the charge to the debtor is determined, whichever is less.

Citator

Cal. Ins. Code § 779.16 — Credit Life and Disability Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

The amount charged to a debtor for any credit life or credit disability insurance shall not exceed the premium rates filed with the commissioner for the coverage provided or the premiums charged by the insurer, as computed at the time the charge to the debtor is determined, whichever is less.