What Does Credit Insurance Mean?

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

Credit Insurance

Credit Insurance

Coverage against insolvency of a customer, which provides protection against payment default on loan, interest, or scheduled payments. Also known as "bad debts" insurance.

We hope the you have a better understanding of the meaning of Credit Insurance.

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