The purpose of this article is to promote the public welfare by regulating credit life insurance and credit disability insurance. Nothing in this article is intended to prohibit or discourage reasonable competition.
Cal. Ins. Code § 779.1
Credit Life and Disability Insurance
Amended by Stats. 1985, Ch. 1316, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.