§ 6-26.1-8 - Insurance. - Rhode Island Statutes

SECTION 6-26.1-8

   § 6-26.1-8  Insurance. – (a) A credit card lender may request but not require an individual borrower tobe insured in respect of a credit card plan under a life, health, accident,health and accident or other credit or other permissible insurance policy orprogram, whether group or individual.

   (b) In the case of a borrower borrowing under a credit cardplan for other than personal, household or family purposes, a credit cardlender may require the borrower to obtain insurance, from an insurer acceptableto the credit card lender, under a life, health, accident, health and accidentor other credit or other permissible insurance policy or program, whether groupor individual.