What Does Dual Interest Mean?

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

Dual Interest

Dual Interest

insurance that protects the creditor's and the debtor's interest in the collateral securing the debtor's credit transaction. "Dual Interest" includes insurance commonly referred to as "Limited Dual Interest."

We hope the you have a better understanding of the meaning of Dual Interest.

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