SECTION 3.5604. Minimum Change

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(a) For credit life insurance, the currently charged premium rates will be considered the case rates if the single premium (or its equivalent) case rate per $100 of initial amount of insured indebtedness repayable in 12 equal monthly installments as determined under this subchapter is within 5.0% of the corresponding premium under the currently charged premium rates for the case.
(b) For credit accident and health insurance, the currently charged premium rates will be considered the case rate if the case rate as determined under this subchapter is within 5.0% of the currently charged premium rates for the case.

Source Note: The provisions of this §3.5604 adopted to be effective October 1, 1980, 5 TexReg 2772; amended to be effective June 30, 1992, 17 TexReg 4345; amended to be effective June 7, 2005, 30 TexReg 3210

                    
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