16a-4-103. (UCCC) Definition: "Consumer credit insurance." In this act "consumer credit insurance" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include:
(a) Insurance provided in relation to a credit transaction in which a payment is scheduled more than 15 years after the extension of credit;
(b) insurance issued as an isolated transaction on the part of the insurer not related to an agreement or plan for insuring consumers of the creditor; or
(c) insurance indemnifying the creditor against loss due to the consumer's default.
History: L. 1973, ch. 85, § 63; L. 1982, ch. 95, § 1; July 1.
Structure Kansas Statutes
Chapter 16a - Consumer Credit Code
16a-4-103 (UCCC) Definition: "Consumer credit insurance."
16a-4-104 (UCCC) Creditor's provision of and charge for insurance; excess amount of charge.
16a-4-105 (UCCC) Conditions applying to insurance to be provided by creditor.
16a-4-106 (UCCC) Unconscionability.
16a-4-107 (UCCC) Maximum charge by creditor for insurance.
16a-4-108 (UCCC) Refund or credit required; amount.
16a-4-109 (UCCC) Existing insurance; choice of insurer; notice of option.
16a-4-111 (UCCC) Cooperation between administrator and commissioner of insurance.
16a-4-112 (UCCC) Administrative action of commissioner of insurance.
16a-4-201 (UCCC) Term of insurance.
16a-4-202 (UCCC) Amount of insurance.
16a-4-203 (UCCC) Filing and approval of rates and forms.
16a-4-301 (UCCC) Property insurance.
16a-4-302 (UCCC) Insurance on creditor's interest only.