(1) The purpose of this rule is to:
- (a) protect the interests of debtors and the public in this state; and
- (b) establish a system of reasonable rating, policy form, and operating standards for credit insurance transactions.
- (2) This rule applies to each credit insurance transaction within the scope of Title 31A, Chapter 22, Part 8, Credit Life and Accident and Health Insurance.
KEY: insurance law
Date of Last Change: March 25, 2022
Notice of Continuation: October 19, 2021
Authorizing, and Implemented or Interpreted Law: 31A-2-201