There is a newer version of the Revised Code of Washington
2009 Washington Code
Title 48 - Insurance
Chapter 48.34 - Credit life insurance and credit accident and health insurance.
48.34.050 - Life -- Limitation on amount under individual policy.
Life — Limitation on amount under individual policy.
The initial amount of credit life insurance under an individual policy shall not exceed the total amount repayable under the contract of indebtedness. Where an indebtedness is repayable in substantially equal installments, the amount of insurance shall at no time exceed the scheduled or actual amount of unpaid indebtedness, whichever is greater.
[1961 c 219 § 5.]
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