Insurance in connection with a loan

R.I. Gen. Laws § 27-58-11., under Chapter 27-58 The Banking and Insurance Consumer Protection Act.

R.I. Gen. Laws § 27-58-11.

(a) If insurance is required as a condition of obtaining a loan, the credit and insurance transactions shall be completed independently and through separate documents.

(b) A loan for premiums on required insurance shall not be included in the primary credit without the written consent of the customer.