MLchartDataset catalogue

Credit health insurance

Term · Insurance and risk management · MLC-T-INS-001023

A type of insurance designed to cover loan or credit card payments if the borrower becomes unable to work due to illness or injury. This policy provides a benefit that directly pays the creditor for a specified period or until the borrower recovers. It is typically offered as an add-on to a loan agreement.

Table 1. Record
IdentifierMLC-T-INS-001023
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001023",
  "term": "Credit health insurance",
  "field": "Insurance and risk management",
  "definition": "A type of insurance designed to cover loan or credit card payments if the borrower becomes unable to work due to illness or injury. This policy provides a benefit that directly pays the creditor for a specified period or until the borrower recovers. It is typically offered as an add-on to a loan agreement.",
  "url": "https://mlchart.com/terminology/insurance/credit-health-insurance/"
}

Record 842 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.