Consumer Credit Insurance (230-RICR-20-60-1)

230-RICR-20-60-1 ACTIVE RULE

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1.1Purpose and Authority


1.3Rights and Treatment of Debtors

1.4Determination of Reasonableness of Benefits in Relation to Premium Charge

1.5Limitation on Compensation

1.6Credit Life Insurance Rates

1.7Credit Accident and Health Insurance

1.8Credit Unemployment Insurance Rates

1.9Refund Formulas

1.10Experience Reports and Adjustment of Prima Facie Rates

1.11Use of Rates -- Direct Business Only

1.12Supervision of Consumer Credit Insurance Operations

1.13Prohibited Transactions



1.16Effective Date

Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 60 Miscellaneous
Part 1 Consumer Credit Insurance (230-RICR-20-60-1)
Type of Filing Periodic Refile
Regulation Status Active
Effective 01/04/2022

Regulation Authority:

R.I. Gen. Laws Chapter 27-30

Purpose and Reason:

This rule is being refiled by the agency pursuant to R.I. Gen. Laws § 42-35-4.1.  No changes were made to the text of this rule.