Final answer:
Alabama replacement regulation excludes credit life insurance from its provisions.
Explanation:
Replacement regulation in Alabama refers to laws governing the replacement of existing life insurance policies with new ones, ensuring consumer protection and fair practices. In this context, when it comes to types of life insurance, replacement regulation in Alabama does NOT apply to credit life insurance. Credit life insurance is typically associated with specific loans, such as a mortgage or auto loan, and is not covered under replacement regulations.
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