Pennsylvania Code (Last Updated: April 5, 2016) |
Title 31. INSURANCE |
PART III. Credit Insurance |
Chapter 73. Credit Life Insurance and Credit Accident and Health Insurance |
Section 73.119. Combination coverage rate
Latest version.
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If an insurer combines two or more credit life, Credit A and H or credit unemployment insurance coverages which are provided under separate and distinct policy forms, and if the debtor may purchase only a package of these insurance coverages, the premium rate for the package shall be the sum of the separate approved premium rates for the applicable insurance coverages less a discount of 5% of the sum of the separate approved premium rates.
Notation
This section cited in 31 Pa. Code § 73.130 (relating to election of coverage and disclosure requirements).