Sec. 1153.152. FORMS OF CREDIT ACCIDENT AND HEALTH INSURANCE  


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  • Credit accident and health insurance may be issued only as:

    (1) an individual policy of accident and health insurance issued to a debtor on a term plan;

    (2) a disability benefit provision in an individual policy of credit life insurance;

    (3) a group policy of accident and health insurance issued to a creditor on a term plan insuring debtors; or

    (4) a disability benefit provision in a group policy of credit life insurance.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.