Which of the following is NOT allowed in credit life insurance?

Which of the following is NOT allowed in credit life insurance?



A. Creditor requiring that a debtor buys insurance from a certain creditor

B. Creditor having a collateral assignment on the policy

C. Creditor requiring that a debtor has a life insurance

D. Creditor becoming a policy beneficiary


Answer: A. Creditor requiring that a debtor buys insurance from a certain insurer

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