(a) A holder may require a retail buyer to provide credit life insurance and credit health and accident insurance.
(b) The holder may offer to provide credit life insurance and credit health and accident insurance, regardless of whether the holder requires a retail buyer to provide the insurance under Subsection (a).
(c) A retail seller may offer involuntary unemployment insurance to the buyer at the time the contract is negotiated or executed.
(d) A holder may include the cost of insurance provided under this section, and a policy or agent fee charged in connection with insurance provided under Subsection (b) or (c), as a separate charge in the contract.
Official text of the Texas Finance Code as published by the Texas Legislative Council.