Credit Insurance

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Dictionary Says

Definition of 'Credit Insurance'

Credit insurance is a type of life insurance policy purchased by a borrower that pays off one or more existing debts in the event of a death, disability, or in rare cases, unemployment. Credit insurance is marketed most often as a credit card feature, with the monthly cost charging a low percentage of the card's unpaid balance.
Investopedia Says

Investopedia explains 'Credit Insurance'

Credit insurance can be a financial lifesaver in the event of certain catastrophes. However, many credit insurance policies are overpriced relative to their benefits, as well as loaded with fine print that can make it hard to collect on. If you feel that credit insurance would bring you peace of mind, be sure to read the fine print as well as compare your quote against a standard term life insurance policy.
Search results for

'Credit Insurance'

  • Insuring A Credit Card Against Job Loss

    http://www.investopedia.com/articles/insurance/09/involuntary-unemployment-credit-card-insurance.asp
    Involuntary unemployment credit card insurance may help if you're laid
    off, but it may just help your credit card company. ...

  • Top 5 Ways To Make Your Credit Card Work For You - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0911/Top-5-Ways-To-Make-Your-Credit-Card-Work-For-You.aspx
    ... Car Rental Insurance Did you know that most major credit cards include
    insurance if you rent a car and get into an accident? Those ...

  • Life Insurance

    http://www.investopedia.com/video/play/life-insurance
    ... Personal Finance; Credit & Loans; Insurance; Retirement; Home & Auto; Savings;
    Budgeting; Entrepreneurship; Taxes. Definitions; Articles; Videos; Slideshows; ...

  • How To Reduce Auto Insurance Costs - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/How-To-Reduce-Auto-Insurance-Costs.aspx
    ... emergency road assistance coverage through your insurance company if you have an
    adequate plan with another program, such as AAA or through your credit card. ...

  • 12 Car Insurance Cost-Cutters

    http://www.investopedia.com/articles/pf/08/car-insurance-costs.asp
    ... However, folks are sometimes surprised to find that insurance companies may also
    consider credit ratings when determining insurance premiums. ...

  • 10 Reasons To Use Your Credit Card

    http://www.investopedia.com/articles/pf/10/credit-card-debit-card.asp
    ... Most credit cards automatically come with a plethora of consumer protections that
    people don't even realize they have, such as rental car insurance, travel ...

  • Does Life Insurance Make Sense When You Retire? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/Does-Life-Insurance-Make-Sense-When-You-Retire.aspx
    ... Does Life Insurance Make Sense When You Retire? Posted: September 15, 2011 ...
    Filed Under: Insurance, Retirement. When you first start ...

  • 6 Benefits Of Using A Credit Union - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/6-Benefits-Of-Using-A-Credit-Union.aspx
    ... Some credit unions, such as Vantage, offer fun and useful products such as individual
    health and pet insurance and financial advisory services, says Cloud. ...

  • Weird Insurance Policies - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/Weird-Insurance-Policies.aspx
    ... Weird Insurance Policies. Posted: August 31, 2011 9:58AM by ... Filed Under:
    Insurance. Individuals often carry several different types of ...

  • 6 Types Of Insurance Coverage You Didn't Think You Needed ...

    http://financialedge.investopedia.com/financial-edge/1111/6-Types-Of-Insurance-Coverage-You-Didnt-Think-You-Needed.aspx
    ... 6 Types Of Insurance Coverage You Didn't Think You Needed. ... You know you need
    auto, homeowners and probably renter's insurance coverage. ...

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