Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

If the financial institution solicits the purchase of insurance from a customer who is applying for a loan or extension of credit, the insurance solicitation shall be conducted in an area physically separate and distinct from the loan transaction, unless the size of the facility is too small to make the physical separation possible.

Acts 1997, No. 1475, §2, eff. July 15, 1997; Redesignated from La. Rev. Stat. 22:3060 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.