Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.
Credit insurance means both credit life insurance and credit accident and health insurance.
Credit insurance means an agreement between an insurer, on one hand, and a credit provider or a consumer or both, on the other hand, in terms of which the insurer agrees to pay a benefit upon the occurrence of a specified contingency, primarily for the purpose of satisfying all or part of the consumer’s liability to the credit provider under a credit agreement as at the time that the specified contingency occurs, and includes—
Examples of Credit insurance in a sentence
Credit insurance is not required for any extension of credit under this Agreement.
Credit insurance (as applicable) Purchasing credit insurance is optional.
Credit insurance premiums will be added to your Credit Card account as Purchases.
Credit insurance is voluntary and not required to obtain a credit card account with us.
Credit insurance charges are not included in the ADB calculation for Purchases until the first day of the billing cycle following the date the credit insurance premium is charged to the Account.
More Definitions of Credit insurance
Credit insurance means surety insurance under which mortgagees and other
Credit insurance means surety insurance under which mortgagees and other creditors are indemnified against losses caused by the default of debtors.
Credit insurance means credit insurance or other similar credit enhancement with respect to a Receivable supporting payment of such Receivable or the creditworthiness of the related Dealer.
Credit insurance means insurance against loss arising from failure of debtors to meet financial obligations to creditors, except mortgage guaranty insurance.
Credit insurance means the lines of insurance defined in §§ 38.2-103, 38.2-108, 38.2-122.1, and
Credit insurance means life, accident, health, disability, ---------------- involuntary unemployment or other insurance of an Obligor to Seller to insure payment of any amount owing by such Obligor under an Account and which proceeds of such insurance are payable to Seller upon such Obligor's death, disability or involuntary unemployment.
Credit insurance means life, accident, health, disability, involuntary ---------------- unemployment or other insurance of an Obligor to Seller to insure payment of any amount owing by such Obligor under an Account and which proceeds of such insurance are payable to Seller upon such Obligor's death, disability or involuntary unemployment.