Life insurance coverage on a borrower designed to repay the balance of a loan in the event the borrower dies before the loan is repaid.
It may also include disablement and can be offered as an option in connection with Credit cards and auto loans.
Life insurance coverage on a borrower designed to repay the balance of a loan in the event the borrower dies before the loan is repaid.
It may also include disablement and can be offered as an option in connection with Credit cards and auto loans.