Answer:
Credit insurance premiums are certainly required to be listed on the HUD-1 or HUD-1A Settlement Statement. Review the line item instructions in Appendix A of RESPA.
Lines 904 and 905
are used to list additional items required by the Lender including flood insurance, mortgage life insurance, credit life insurance and disability insurance premiums. These lines are also used to list amounts paid at settlement for insurance not required by the Lender.
First published on BankersOnline.com 6/17/02