credit life insurance

noun

A type of credit insurance sold by a lender to pay off an outstanding loan balance if the borrower dies.

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Meanings

nouncredit life insurance (uncountable)
  1. uncountableA type of credit insurance sold by a lender to pay off an outstanding loan balance if the borrower dies.
Cite this entry
APA

credit life insurance. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/credit%20life%20insurance

MLA

“credit life insurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/credit%20life%20insurance. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “credit life insurance,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/credit%20life%20insurance.

Source: credit life insurance on Wiktionary, CC BY-SA 4.0.