Consumer credit insurance transacted in connection with a credit transaction for a personal, household, or family purpose is subject to the provisions of this chapter except
(1) insurance written in connection with a credit transaction that is
(A) secured by a first mortgage or first deed of trust; and
(B) made to finance the purchase of real property, the construction of a dwelling, or to refinance a prior credit transaction made for that purpose;
(2) an isolated insurance transaction by the insurer not related to an agreement or a plan for insuring debtors of the creditor;
(3) insurance for which no identifiable charge is made to the debtor; or
(4) a loan or other credit transaction that exceeds $30,000.
Structure Alaska Statutes
Chapter 57. Consumer Credit Insurance
Sec. 21.57.020. Applicability.
Sec. 21.57.030. Authorized types of consumer credit insurance.
Sec. 21.57.040. Amount of consumer credit insurance.
Sec. 21.57.050. Duration of coverage.
Sec. 21.57.055. Disclosure to debtors.
Sec. 21.57.060. Provisions of policies and certificates of insurance.
Sec. 21.57.070. Requirements for evidence of insurance.
Sec. 21.57.080. Filing of forms and rates.
Sec. 21.57.090. Premiums and refunds.
Sec. 21.57.100. Issuance of policies.
Sec. 21.57.120. Selection rights of insured.
Sec. 21.57.125. Duties of an insurer.