California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 2 - Policy Forms and Other Documents
Article 6.7 - Credit Life and Credit Disability Insurance Policy Forms and Administration
Section 2248.3 - Definitions
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
As used in these regulations:
(a) "Credit life insurance," "credit disability insurance creditor," "debtor" and "indebtedness" have the meanings assigned to such terms in Section 779.2 of the Insurance Code.
(b) "Credit insurance" means both credit life insurance and credit disability insurance.
(g) "Application" means any document, including a conditional sales contract, which the debtor signs and which requests credit insurance coverage the debtor, or which authorizes the financing of credit insurance premium or agrees to pay credit insurance premiums.
(h) "Actuary," as used in these regulations, means an actuary who is:
1. Amendment of
subsections (e) and (h) filed 1-12-79; designated effective 4-1-79 (Register 79, No.
2).
2. Editorial correction of subsection designations (Register 79, No.
2).
3. Amendment filed 6-4-79; effective thirtieth day thereafter
(Register 79, No. 23).
3. Repealer of subsections (c)-(f) filed 4-14-94;
operative 5-16-94. Submitted to OAL for printing only pursuant to Government Code
section
11343(a)(1)
(Register 94, No. 15).
Note: Authority cited: Section 779.21, California Insurance Code. Reference: Section 779.9, Insurance Code.
