Exam term
Group credit life
Credit life written as one master policy held by the creditor, with each eligible borrower receiving a certificate. Little or no underwriting is needed, it is cheaper and more common, and it has no conversion privilege.
Exam term
Credit life written as one master policy held by the creditor, with each eligible borrower receiving a certificate. Little or no underwriting is needed, it is cheaper and more common, and it has no conversion privilege.