Which of the following is true about credit life insurance

Have you ever struggled to answer the question “which of the following is true about credit life insurance” in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.

Which of the following is true about credit life insurance

Options:

  • A. Debtor is the policy beneficiary
  • B. Creditor is the policy owner
  • C. Debtor is the annuitant
  • D. Creditor is the insured

The Correct Answer Is:

  • B. Creditor is the policy owner

Conclusion

The answer to your question “which of the following is true about credit life insurance” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to various Insurance topics.

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