If credit life, disability or other insurance is not required to obtain credit, but the Bank will obtain and finance coverage at the borrower’s request, a Credit Insurance Addendum is appropriate to document the agreement. Sample forms are located at the end of the Chapter. An Additional Insurance and Third Party Payment Addendum may also be necessary when the Bank will receive a commission on the placement. If credit life, disability or involuntary unemployment insurance is not required as a condition of a mortgage but is being financed by the Bank, Texas law requires an Insurance Notice to Applicant which discloses the estimated premium cost and notifies the borrower of a 30 day right to cancel for a full refund. A sample form is located at the end of this Chapter.