What Exactly Is Credit Term Life Insurance? Credit life insurance coverage will pay a policyholder’s debts whenever the policyholder dies.

What Exactly Is Credit Term Life Insurance? Credit life insurance coverage will pay a policyholder’s debts whenever the policyholder dies.

Unlike term or life that is universal, it does not shell out towards the policyholder’s chosen beneficiaries. Rather, the policyholder’s creditors get the worth of a credit life insurance coverage. You’ve come to the right place if you’re wondering how this works. And like you want more advice tailored to your specific needs, head over to SmartAsset’s financial advisor matching tool to get paired with an expert professional to gu if you feel

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