Examples of Credit accident and health insurance in a sentence
Credit accident and health insurance sold under subdivision (2) of this subsection shall not provide indemnity against the risk of a borrower becoming disabled for a period of less than fourteen days, except that it may provide for retroactive coverage if the disability continues for the period stated in the policy.
Accident and health premium rate deviations Credit accident and health insurance premium rates exceeding the standards in paragraph (E)(2) of this rule may be approved, as not being excessive in relation to the benefits provided, for the insurance covering the debtors of a creditor or a class of business hereinafter called the "case," if the credible loss ratio for the case is more than sixty per cent.
Credit accident and health insurance prima facie premium rates for the insured portion of an indebtedness repayable in equal monthly installments, where the insured portion of the indebtedness decreases uniformly by the amount of the monthly installment paid, shall be as set forth in paragraphs (1) and (2).
Credit accident and health insurance may provide for indemnity against all periodic payments or may be limited either in number or amount as defined in the policy.
Credit accident and health insurance contracts are discussed in Issue Paper No. 59—Credit Life and Accident and Health Insurance Contracts.