What is Credit Life Insurance

Credit life insurance is a life insurance policy that pays back all the money you owe after you die. The value of this insurance policy is the amount you owe. Hence, as you pay off your loans, the value of the policy reduces. When you are done paying your loans, the value of the policy is Zero. If you are wondering if this life insurance...Read More

Credit Life Insurance vs. Term Life Insurance

Credit life insurance is an insurance policy that pays all the debts you owe when you die. Term life insurance, on the other hand, is an insurance policy that gives the death benefit of your policy to your stated beneficiary if you die within the agreed period. If you are wondering which policy to purchase, this article is for you. Here we will compare the...Read More