Section 342.402 - Credit Life Insurance, Credit Health and Accident Insurance, or Involuntary Unemployment Insurance(a) On a loan made under this chapter that is subject to Subchapter E with a cash advance of $100 or more, a lender may:(1) offer a borrower credit life insurance and credit health and accident insurance as additional protection for the loan; and(2) offer involuntary unemployment insurance to the borrower at the time the loan is made.(b) A lender may not require that the borrower accept or provide the insurance described by Subsection (a).(c) On a secondary mortgage loan made under this chapter, a lender may require that a borrower provide credit life insurance and credit accident and health insurance as additional protection for the loan.Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. 9/1/1999Amended By Acts 1999, 76th Leg., ch. 909, Sec. 2.17, eff. 9/1/1999.