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Utah · Through 2026 General Session

Utah Code § 61-2d-107: Prohibition on single premium credit life insurance.

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Where this section sits in the code
  1. Title 61 Securities Division - Real Estate Division
  2. Chapter 61-2d Utah High Cost Home Loan Act

A borrower credit transaction involving a high-cost mortgage may not include:

(1) the offer or sale of any insurance policy, on a single premium or single fee basis, that insures, guarantees, or indemnifies the repayment of the outstanding balance of the loan against:

(a) death;

(b) illness;

(c) accident;

(d) disability; or

(e) unemployment of the borrower; or

(2) debt cancellation or a debt suspension agreement.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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