Single Premium Credit Life Insurance definition

Single Premium Credit Life Insurance means credit life insurance for which a charge often is passed on to the debtor for the term of the coverage of the term of the debt and that is often included in the total sum of the obligation.

Examples of Single Premium Credit Life Insurance in a sentence

  • Subsection 9.02(zz) of the Purchase Agreement is hereby amended by deleting it in its entirety and replacing it with the following: "Single Premium Credit Life Insurance Policy.

  • I am asking for your participation by submitting experience for Single Premium Credit Life Insurance in-force during 1998 and 1999.

Related to Single Premium Credit Life Insurance

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.