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Credit insurance

From HandWiki - Reading time: 1 min

Credit insurance refers to several kinds of insurance relating to financial credit:

  • Trade credit insurance, purchased by businesses to insure payment of credit extended by the business
  • Payment protection insurance, purchased by consumers to insure payment of credit extended to the consumer
  • Credit derivative, financial instrument or technique designed to separate and then transfer the credit risk of an underlying loan




Licensed under CC BY-SA 3.0 | Source: https://handwiki.org/wiki/Finance:Credit_insurance
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