Truth in Lending: 3.9.4.4.4 Timing and location of insurance disclosures
The rules on the timing and location of insurance disclosures for closed-end transactions must be followed in order to exclude the cost from the finance charge disclosure.702 The disclosure, like all other required disclosures, must be made prior to consummation in closed-end transactions.703 However, the disclosures, and, in the case of credit insurance, authorization required to exclude the insurance premiums from the finance charge may be made either together with or separately from the o