Section 28-44-103 - CREDIT INSURANCE - CREDIT INSURANCE ACT - DEFINED(1) In this act, "credit insurance" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include: (a) Insurance provided in relation to a credit transaction in which a payment is scheduled more than fifteen (15) years after the extension of credit;(b) Insurance issued as an isolated transaction on the part of the insurer not related to an agreement or plan for insuring debtors of the creditor; or(c) Insurance indemnifying the creditor against loss due to the debtor's default.(2) "Credit Insurance Act" means chapter 23, title 41, Idaho Code.[28-44-103, added 1983, ch. 119, sec. 3, p. 288.]