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Credit Health Insurancepolicy assigning creditor as beneficiary for insurance on a debtor thereby remitting balance of payment to creditor should the debtor become disabled.
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Credit Health InsuranceA form of health insurance on a borrower, usually under an installment purchase agreement. The benefits cover the obligations of the borrower and are payable to the creditor.
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Credit Health InsuranceA group disability income insurance contract whereby a creditor is protected in the event of the total disability of a debtor. The policy pays benefits equal to the monthly installment of the debtor.
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Credit Health InsuranceA form of Health Insurance on a borrower, usually under an installment purchase agreement. The benefits cover the obligations of the borrower and are payable to the creditor.
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