What Does Credit Accident and Health Mean?

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What does Credit Accident and Health mean? Read on to discover the definition & meaning of the term Credit Accident and Health - to help you better understand the language used in insurance policies.

Credit Accident and Health

Credit Accident and Health

Coverage provided to or offered to borrowers in connection with a consumer credit transaction where the proceeds are used to repay a debt or an installment loan in the event the consumer is disabled as the result of an accident, including business not exceeding 120 months duration.

We hope the you have a better understanding of the meaning of Credit Accident and Health.

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