28-44-106. UNCONSCIONABILITY. (1) In applying the provisions of this act on unconscionability, sections 28-45-106 and 28-46-111, Idaho Code, to a separate charge for insurance, consideration shall be given, among other factors, to:
(a) Potential benefits to the debtor including the satisfaction of his obligations;
(b) The creditor’s need for the protection provided by the insurance; and
(c) The relation between the amount and terms of credit granted and the insurance benefits provided.
(2) If credit insurance otherwise complies with this chapter and other applicable law, neither the amount nor the term of the insurance nor the amount of a charge therefor is in itself unconscionable.
History:
[28-44-106, added 1983, ch. 119, sec. 3, p. 288.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Section 28-44-101 - SHORT TITLE.
Section 28-44-102 - SCOPE — RELATION TO CREDIT INSURANCE ACT — APPLICABILITY TO PARTIES.
Section 28-44-103 - CREDIT INSURANCE — CREDIT INSURANCE ACT — DEFINED.
Section 28-44-104 - CREDITOR’S PROVISION OF AND CHARGE FOR INSURANCE — EXCESS AMOUNT OF CHARGE.
Section 28-44-105 - CONDITIONS APPLYING TO INSURANCE TO BE PROVIDED BY CREDITOR.
Section 28-44-106 - UNCONSCIONABILITY.
Section 28-44-107 - MAXIMUM CHARGE BY CREDITOR FOR INSURANCE.
Section 28-44-108 - REFUND OR CREDIT REQUIRED — AMOUNT.