- (a) A holder may require a retail buyer to provide credit life insurance and credit health and accident insurance.
- (b) The holder may offer to provide credit life insurance and credit health and accident insurance, regardless of whether the holder requires a retail buyer to provide the insurance under Subsection (a).
- (c) A retail seller may offer involuntary unemployment insurance to the buyer at the time the contract is negotiated or executed.
- (d) A holder may include the cost of insurance provided under this section, and a policy or agent fee charged in connection with insurance provided under Subsection (b) or (c), as a separate charge in the contract.
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.