When applying for a loan or new credit card, the lender might offer you credit insurance — a policy you can either pay for upfront or roll into your monthly payments. But what is credit insurance?

Personal loan credit insurance is an optional policy that covers your loan payments in case of specific unforeseen events like unemployment, disability or death. While the coverage can be costly, it ...

Recent events and the decline of the global economy have brought a raft of notices of late payments or no payments for creditors, lenders, landlords, and trade counterparties. In many instances there ...

Credit life insurance is a type of life insurance that pays the balance of a particular debt back to your lender if you pass away. Similarly, credit disability or credit involuntary unemployment ...

Business owners manage prevalent risks by purchasing insurance. This provides a financial backstop for losses related to property, equipment, vehicles, employee accidents, etc. One area of enterprise ...

In most states, insurers use what’s known as a credit-based insurance score to help determine home insurance rates. Many, or all, of the products featured on this page are from our advertising ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...

With more than 50 million redeemed miles under her belt, Becky Pokora is a rewards travel expert. She's been writing about credit cards and reward travel since 2011 with articles on Forbes Advisor, ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Credit insurance ensures the lender continues to receive payments if you can’t make them. You probably don't need it. Many, or all, of the products featured on this page are from our advertising ...