Discover how credit life insurance pays off debts upon a borrower's death, why it's beneficial, and who should consider it. Understand its pros, cons, and alternatives.

Ever wonder what happens to your mortgage, car loan or any other debts if the unthinkable occurs? While traditional life insurance provides a general financial safety net for your loved ones, credit ...

Salespeople sometimes sneak credit life insurance in for a big purchase. Nov. 17, 2008 — -- We all know that many Americans are deep in debt right now. I worry that may leave us vulnerable to bad ...

Loan insurance could help you pay for some or all of your personal loan in certain hardship situations, such as an unexpected layoff. A major downside of loan insurance is that it can make your loan ...