Sec. 1153.152. FORMS OF CREDIT ACCIDENT AND HEALTH INSURANCE. 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.
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