{"data":{"id":"us-mt/33-1-218","jurisdiction":"us-mt","citation":"33-1-218","heading":"Credit insurances -- definitions.","body":"As used in this code, the following definitions apply:\n(1) \"Credit disability insurance\" means the same as defined in 33-21-103.\n(2) \"Credit life insurance\" means the same as defined in 33-21-103.\n(3) \"Credit property insurance\" means any policy, endorsement, rider, cover note, memorandum, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or pledged as collateral for a credit transaction and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part. Credit property insurance is a type of property insurance as provided for in 33-1-210.\n(4) \"Credit unemployment insurance\" means insurance on a debtor to provide indemnity for payments or debt becoming due on a specific loan or other credit transaction while the debtor is involuntarily unemployed as defined in the policy. Credit unemployment insurance is a type of involuntary unemployment insurance as provided for in 33-1-216.\n(5) \"Debtor\" means the same as defined in 33-21-103.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 1. ADMINISTRATION AND GENERAL PROVISIONS","Part 2. Definitions and Insurance Coverages"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0010/part_0020/section_0180/0330-0010-0020-0180.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:08Z","sha256":"34b39ece0487499c5a505d1ae9eacd8566f39744e591bf8c124e65c9b1519121","source_id":"us-mt","stale":false,"prev":"us-mt/33-1-217","next":"us-mt/33-1-219"},"notice":"GroundRules: Original legal text. Not legal advice."}