credit insurance

noun

Legal Definition of credit insurance

: insurance paid for by a debtor to assure payment of any outstanding credit balance in the event of death or disability

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Dictionary Entries Near credit insurance

credit default swap

credit insurance

creditor

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Cite this Entry

“Credit insurance.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/credit%20insurance. Accessed 20 Sep. 2021.

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