North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 12 - LIFE AND HEALTH DIVISION
Section .0700 - CREDIT INSURANCE AND CREDIT LIFE:ACCIDENT AND HEALTH INSURANCE
Section 12 .0709 - UNIFORM DECREASING COVERAGE: CREDIT LIFE
Universal Citation: 11 NC Admin Code 12 .0709
Current through Register Vol. 39, No. 6, September 16, 2024
No policy written, on transactions of 60 months or greater in duration, shall incorporate a schedule of benefits which does not follow an amortization schedule.
Authority
G.S.
58-2-40;
58-57-15;
Eff. April
1, 1989;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. May 1, 2018.
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