California § 18291 - If credit life or disability insurance is provided pursuant to this division, and
Full text of California Public Contract Code - PCC § 18291 — If credit life or disability insurance is provided pursuant to this division, and, with citation guidance and answers to common questions.
§ 18291. If credit life or disability insurance is provided pursuant to this division, and
(a) If credit life or disability insurance is provided pursuant to this division, and if the insured borrower dies or becomes disabled during the term of the loan contract, the insurance shall be sufficient to pay the total amount due on the loan (excluding unearned charges) outstanding on the date of death, or all amounts which become due on the loan thereafter during the period of disability, as the case may be, without any exception, reservation, or limitation, subject, however, to the provisions of Section 18292. (b) Any credit life, disability, or loss-of-income insurance as provided shall be in force as soon as the loan is made. An industrial loan company shall not require any of these coverages as a condition of making a loan.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 18291
What does Public Contract Code - PCC § 18291 cover?
Section 18291 ("If credit life or disability insurance is provided pursuant to this division, and") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 18291?
A common citation format is "Public Contract Code - PCC § 18291" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 18291 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.