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#2169446 - 03/21/18 07:38 PM "Additional Insurance and third party payment adde
OnTheEdge Offline
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Joined: Apr 2002
Posts: 1,677
SmallTown, USA
When credit life insurance is sold do you also provide an "Additional Insurance and third party payment addendum"? It basically states the bank retains a portion of the premium
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#2169468 - 03/21/18 08:09 PM Re: "Additional Insurance and third party payment adde OnTheEdge
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 77,573
Galveston, TX
See KY Revised Statutes Section 304.9-135
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#2169489 - 03/21/18 08:35 PM Re: "Additional Insurance and third party payment adde rlcarey
OnTheEdge Offline
Diamond Poster
Joined: Apr 2002
Posts: 1,677
SmallTown, USA
I don't see anything that seems to require this particular disclosure. Thanks for the reference.
Last edited by OnTheEdge; 03/21/18 08:36 PM.
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