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credit life insurance |
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credit life insurance Insurance that pays to a lender the full principal balance of a loan in the event of the death of the borrower. It is illegal for a lender to require credit life insurance (or credit disability insurance) as a condition of making a loan. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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