Connecticut

The relevant statute is Conn. Gen. Stat. §38a-816(11).

A. Actions lender may take: No express statutory provision.

B. Notices required: No express statutory provision.

C. Coverage required: No express statutory provision.

D. Charges permitted: Conn. Gen. Stat. §38a-816(11) - Lenders may not require that borrowers pay a separate charge in connection with the handling of any required insurance policy or a separate charge to substitute the insurance policy of one insurer for another insurer. However, this does not include the interest that may be charged on premium advancements made in accordance with the security instrument.

E. Finance charge allowed on lender's payment: Conn. Gen. Stat. §38a-816(11) - Lenders may charge interest on premium advancements made in accordance with the security instrument.

Click here to view relevant Connecticut Code and Regulations.