Difference between revisions of "Credit insurance"

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[[Category:Liability Insurance]]

Revision as of 21:38, 12 December 2012

Credit insurance

Can be health, life, accident, or involuntary unemployment coverage designed to pay the monthly payment or the outstanding balance of the debt. Such coverage is optional and will involve and additional monthly fee.

- from Terms To Know When Shopping For An Installment Loan, the Indiana Department of Financial Institutions (DFI)


Definitions of credit insurance on Google