Section 031-220-8 - Basis of premiumsA. If a single insurance charge is made to the debtor, whether or not the charge is financed, a single premium must be used.B. Premiums for credit insurance provided in connection with open-end credit transactions shall be calculated on the basis of the balance upon which a finance charge may be imposed, including any principal amounts upon which no finance charge is actually imposed, plus any earned finance or insurance charges which are uncollected or delinquent.C. In no event shall any anticipated delinquency value be included in the amount on which the insurance premiums are calculated.02-031 C.M.R. ch. 220, § 8