This was my first question and since there are no posts, I thought that maybe others might have the same question. Forgive me for copy and pasting this, but I figured it would be better than me trying to explain something I know nothing about. "Credit insurance is a form of insurance coverage that is available to both individuals and businesses. The coverage provides protection in the event that the policy holder is rendered unable to pay on outstanding debt due to any incident that is covered in the terms of the policy. Common factors that may invoke the provisions contained within a credit insurance policy include the loss of a job, death of the insured party, or an accident that disables the policyholder." Link to source below.Please Log In to view this link!