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 ...

When applying for a loan or new credit card, the lender might offer you credit insurance — a policy you can either pay for upfront or roll into your monthly payments. But what is credit insurance?

Personal loan credit insurance is an optional policy that covers your loan payments in case of specific unforeseen events like unemployment, disability or death. While the coverage can be costly, it ...

Loan protection 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 protection insurance is the ...

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 ...

The Covid-19 lockdown has placed unprecedented pressure on the economy. It is anticipated that many people have, or will, suffer partial or complete loss of income during the lockdown or over the ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...