Section 31A-22-801 - Scope of part(1) Except as provided under Subsection (2), all life insurance and accident and health insurance in connection with loans or other credit transactions are subject to this part.(2)(a) Insurance written in connection with a credit transaction is not subject to this part, but is subject to other provisions of this title, if the credit transaction is: (i) secured by a first mortgage or deed of trust; and(ii) made to finance the purchase of real property or the construction of a dwelling thereon, or to refinance a prior credit transaction made for such a purpose.(b) Isolated transactions on the part of an insurer that are not related to an agreement or plan for insuring debtors of the creditor are not subject to this part.Amended by Chapter 168, 2017 General Session ,§ 32, eff. 5/9/2017.Amended by Chapter 116, 2001 General Session.