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Automobile credit life insurance can provide financial protection for your loved ones by paying off your car loan in the event of your death. This can help prevent them from being burdened with the debt and allow them to keep the vehicle.

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5mo ago

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What are the benefits of including credit life insurance on a car loan?

Credit life insurance on a car loan can provide benefits such as paying off the loan in case of the borrower's death, protecting the borrower's family from financial burden, and ensuring the car is not repossessed due to unpaid debt.


What are the benefits of purchasing credit life insurance for a vehicle?

Credit life insurance for a vehicle can provide benefits such as paying off the remaining loan balance in case of the policyholder's death, protecting loved ones from financial burden, and ensuring the vehicle is not repossessed due to unpaid debt.


What has the author Bernard L Webb written?

Bernard L. Webb has written: 'Raising the safety net' -- subject(s): Insurance companies, Insurance, Life, Investments, Life Insurance 'Mass (collective) merchandising of automobile insurance' -- subject(s): Automobile Insurance, Insurance, Automobile


What is the most commonly purchased type of credit insurance?

credit life insurance


What has the author Rawle O King written?

Rawle O King has written: 'The federal crime insurance program' -- subject- s -: Burglary Insurance, Insurance, Burglary 'Property-casualty insurance' -- subject- s -: Casualty Insurance, Insurance, Casualty, Insurance, Property, Property Insurance 'Automobile insurance crisis' -- subject- s -: Automobile Insurance, Costs, Insurance, Automobile 'Financial condition of life insurance companies' -- subject- s -: Bankruptcy, Finance, Insurance companies, Insurance, Life, Life Insurance


What are the benefits of having credit life and disability insurance?

Credit life and disability insurance provide financial protection by covering loan payments in the event of death or disability. This can help prevent financial strain on loved ones and ensure that debts are paid off.


Are life insurance benefits subject to confiscation by medicare?

Can Medicaid sieze the benefits of a life insurance policy


Do insurance companies who provide automobile and life insurance fall under the HIIPAA ruling?

no


What are the exclusions for credit life insurance?

What are the exclusions for obtaining credit life on a loan


What are the four major categories of life insurance?

The four major categories of life insurance are term life insurance, whole life insurance, universal life insurance, and variable life insurance. Term life insurance provides coverage for a specific term, whole life insurance offers coverage for the policyholder's lifetime, universal life insurance allows flexibility in premium payments and death benefits, and variable life insurance allows the policyholder to allocate premiums to investment accounts.


What is credit life insurance?

Joint credit life insurance is money paid to you or your spouse if either of your are ever arrested on drug charges.


Does work life insurance cover personal automobile accidents with respect to loss of an eye benefits or does the accident have to be work related?

Yes. Double check your certificate of coverage though.