SECTION 3.6011. Responsibility and Obligation of Insurers to Provide Copies of Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance to Each Insured

(a) The commissioner adopts the Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance. All insurers writing credit life, credit disability, and credit involuntary unemployment insurance policies must provide with each new policy and certificate of credit life, credit disability, and credit involuntary unemployment insurance a copy of the Texas Department of Insurance Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance. The Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance must accompany each renewal notice for credit life, credit disability, and credit involuntary unemployment insurance unless the current version of the form has been previously provided to the insured by the insurer.

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(b) Insurers may reproduce the Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance for the distribution required by subsection (a) of this section. Alternatively, insurers may generate it on their own equipment. If the Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance is generated by the insurers, it must appear in no less than 10-point font and be on separate pages with no other text on those pages.

(c) The commissioner adopts the Spanish language version of the Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance. The Spanish language version of the Consumer Bill of Rights for Credit Life, Credit Disability, and Credit Involuntary Unemployment Insurance must be provided to any consumer who requests it from the insurer.

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(d) Insurers may reproduce the Spanish language version of the Consumer Bill of Rights for the distribution required by subsection (c) of this section. Alternatively, insurers may generate the form on their own equipment. If the form is generated by the insurers, it must appear in no less than 10 point font and be on separate pages with no other text on those pages.

(e) This section applies to all credit life, credit disability, and credit involuntary unemployment insurance policies offered, issued, renewed, or delivered after November 25, 2013.

Source Note: The provisions of this §3.6011 adopted to be effective October 1, 1993, 18 TexReg 6546; amended to be effective October 21, 1994, 19 TexReg 8039; amended to be effective June 18, 2003, 28 TexReg 4558; amended to be effective November 25, 2012, 37 TexReg 9093; amended to be effective November 5, 2013, 38 TexReg 4750