Credit property insurance means insurance:
Credit property insurance means protection or indemnity against creditor risk of loss in connection with a specific consumer credit transaction secured by collateral. The definition of “credit property insurance” is limited to property insurance insuring personal property used as collateral or security in a consumer credit transaction. Subject to the requirements in the federal Truth-in-Lending Act, 16 CFR Section 444 (1991), and the Iowa consumer credit code, credit property insurance is a permissible additional charge in a consumer credit transaction.
Credit property insurance means any policy, endorsement, rider, binder, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or used as collateral for a credit transaction and which concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part.
Examples of Credit property insurance in a sentence
Requests for advertising space are accepted at the discretion of the maaps Executive Director and/or his designee.All potential advertisements will be reviewed by the maaps Chief Operating Officer for a decision on acceptance and must be computerized in a PDF format.
Credit property insurance covers the creditor’s security interest in the property.
Credit property insurance rates in Texas were not regulated until the beginning of 1999.
Credit property insurance rates in Texas under this policy are twice the rates for any other state and almost four times the rate of some states.
Credit property insurance includes insurance against loss of or damage to personal property, such as a houseboat or manufactured home.
More Definitions of Credit property insurance
Credit property insurance means property insurance written in
Credit property insurance means property insurance written in connection with credit transactions under which the creditor is the primary beneficiary;
Credit property insurance means insurance against direct physical damage to personal household
Credit property insurance means any policy, endorsement, rider, cover note, memorandum, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or pledged as collateral for a credit transaction and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part. Credit property insurance is a type of property insurance as provided for in 33-1-210.
Credit property insurance means insurance that provides coverage (1) on personal property pledged or offered as collateral for securing a personal or consumer loan, or (2) on personal property purchased under an installment sales agreement or through
Credit property insurance means insurance that provides coverage (1) on personal property pledged or offered as collateral for securing a personal or consumer loan, or (2) on personal property purchased under an installment sales agreement or through a consumer credit transaction, but does not include any insurance that provides theft, collision, liability, property damage, or comprehensive insurance coverage in any automobile or any other self-propelled vehicle that is designed primarily for operation in the air or on the highways, waterways, or sea, and its operating equipment, or that is necessitated by reason of the liability imposed by law for damages arising out of the ownership, operation, maintenance, or use of those vehicles. However, that excluded insurance does include single interest coverage on any of those vehicles that insures the interest of the creditor in the same manner as collateral secures a loan.
Credit property insurance means any policy, endorsement, rider, binder,