R590-91-2. Purpose and Scope

(1) The purpose of this rule is to: (a) protect the interests of debtors and the public in this state; and (b) establish a system of reasonable rating, policy form, and operating standards for credit insurance transactions. (2) This rule applies to each credit insurance transaction within the scope of Title 31A, Chapter 22, Part 8, Credit Life and Accident and Health Insurance.