Truth in Lending (Reg. Z) – Open-End Credit.
1026.9(f) Change in credit card account insurance provider —
(1) Notice prior to change.
These disclosures apply if the credit union decides to change the provider of credit insurance on the credit card account. They consist of an advance notice of the change and another notice when the change occurs. They do not apply to changes in insurers not initiated by the credit union (such as resulting from acquisitions or mergers of insurance companies). Nor do they apply to changes in insurers where the credit union pays for the credit insurance without charge to the cardholders.