Table 1200-2 Actual Premium Rates | |||||
Credit Unions | Commercial & Savings Banks | Finance Companies | Motor Vehicle Dealers | Other Sales Finance (including non-bank revolving charge accounts) | |
Actual Premium Rate Factor for All Plans of Credit Life Insurance | .694 | 1.034 | .741 | .526 | .937 |
Single Premium Decreasing Credit Life - Single Life Coverage | $.327 per $100 for credit transactions of 12 months in duration | $.488 per $100 for credit transactions of 12 months in duration | $.349 per $100 for credit transactions of 12 months in duration | $.247 per $100 for credit transactions of 12 months in duration | $.441 per $100 for credit transactions of 12 months in duration |
Outstanding Balance Decreasing Credit Life - Single Life Coverage | $.514 per $1000 per month | $.765 per $1000 per month | $.549 per $1000 per month | $.389 per $1000 per month | $.694 per $1000 per month |
Actual Premium Rate Factor for All Plans of Credit Accident and Health Insurance | .618 | .759 | 1.014 | .509 | .494 |
Credit Accident and Health - Single Premium - 14 DAY RETRO | $1.210 per $100 for credit transactions of 12 months in duration | $1.487 per $100 for credit transactions of 12 months in duration | $1.987 per $100 for credit transactions of 12 months in duration | $0.997 per $100 for credit transactions of 12 months in duration | $0.967 per $100 for credit transactions of 12 months in duration |
N.H. Admin. Code § Ins 1201.18
#7146, eff 4-1-00, EXPIRED: 4-1-08
New. #9611, eff 1-4-10