- Credit insurance repays some or all of a loan back when certain things happen to the borrower such as unemployment, disability, or death. Mortgage insurance is a form of credit insurance, although the name credit insurance more often is used to refer to policies that cover other kinds of debt.
- Mortgage insurance insures the lender against default by the borrower.
Sunday, February 17, 2008
Credit Coverages
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment