Definition of credit life insurance

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TeachMeFinance.com - explain credit life insurance



credit life insurance -- insurance on the life of a borrower that pays off a specific amount of debt or a specified credit account if the borrower dies.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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