Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 10. Life, Accident and Health |
Subchapter 5. Minimum Standards; Contract Guidelines |
Part 7. CREDIT LIFE AND CREDIT ACCIDENT AND HEALTH INSURANCE |
SECTION 365:10-5-60. Purpose
Latest version.
- The purpose of this Part is to set forth regulations regarding required disclosures and policy provisions relating to credit life insurance and credit accident and health insurance, filing and approval of forms and rates, credit life insurance premiums, deviation procedures, requirement for maintaining statistical data, refunds of unearned premiums, policy reserves, claim payments, prohibited transactions and agent compensation.