Consumer credit insurance definition

Consumer credit insurance means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include:

Consumer credit insurance means insurance that insures the capacity of the debtor to make repayments under the credit contract, including insurance against sickness of, injury to, or disability or death of, the debtor or against unemployment of the debtor, and also including life insurance (including insurance under a group policy) to cover any outstanding amount on the debtor’s death.

Consumer credit insurance means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include insurance indemnifying the extender of credit against loss due to the debtor's default and non-filing insurance.

Examples of Consumer credit insurance in a sentence

• Consumer credit insurance provided by a creditor may be subject to the furnishing of evidence of insurability satisfactory to the insurer.

• Thus, the shipping owner or charter operator is obliged to provide the needed data and information, as part of its formal agreement with the coating manufacturer.

• Term of Insurance — (1) Consumer credit insurance provided by a creditor may be subject to the furnishing of evidence of insurability satisfactory to the insurer.

• The provisions of this title concerning administrative controls, liabilities, and penalties do not apply to persons acting as insurers, and the similar provisions of the Credit Insurance Act do not apply to creditors and debtors.Amended by Chapter 90, 2004 General Session 70C-6-102 Definition -- Consumer credit insurance.

• Report 256 Consumer credit insurance: A review of sales practices by authorised deposit-taking institutions (REP 256) examined the sale of CCI products through ADIs and made 10 recommendations—including improved 4 Trade Practices Commission, The market for consumer credit insurance, June 1991, p.

More Definitions of Consumer credit insurance

Consumer credit insurance means credit insurance as defined in the National Credit Act;

Consumer credit insurance means insurance that insures the capacity of a consumer to make payments under a credit contract, including for a reason related to sickness, injury, disability or death or unemployment.

Consumer credit insurance means that term as defined in the Insurance Contracts Act 1984 (Cth);

Consumer credit insurance means insurance, other than

Consumer credit insurance means credit life insurance or credit accident and health insurance defined in RCW 48.34.030.

Consumer credit insurance means credit life insurance or credit accident and health insurance defined in RCW 48.34.030.284-34-040 Rate filings and deviations from prima facie rates. [Order 324 (part), filed 9/26/67, effective 1/1/68.] Repealed by WSR 05-02-076 (Matter No. R 2002-02), filed 1/4/05, effective 4/1/05. Statutory Authority: RCW 48.02.060, 48.30.010, 48.34.100, and 48.34.110.284-34-050 Refunds. [Order R-75-4, § 284-34-050, filed 9/25/75; Order 324 (part), filed 9/26/67, effective 1/1/68.] Repealed by WSR 05-02-076 (Matter No. R 2002-02), filed 1/4/05, effective 4/1/05. Statutory Authority: RCW

Consumer credit insurance means credit insurance as defined in the National Credit Act, 2005 (Act No. 34 of 2005), but excludes subsection (a) of such definition;