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What is credit health insurance?

 

What is credit health insurance?

The Bankrate.com financial term of the day is: "credit health insurance."

Credit health insurance protects a special class of people who are interested in your health -- namely, the people that you owe. If you can't work, they don't get paid. So, the insurance covers your debt in the event that you become disabled and lose your income.

Health insurance protects your health. Credit health insurance protects your creditors in case your health goes south.

To shop for insurance to fit your needs, visit the Insurance section at Bankrate.com.

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Auto Insurance Averages
Product Rate
Auto - Couple, age 30
$ 1638.13
Auto - Couple, age 45
$ 2794.86
Auto - Female, age 50
$ 1505.29
Auto - Male, age 50
$ 1561.24
View rates in your area:
The National Insurance Crime Bureau reports insurance fraud rose 27 percent nationwide from 2010 through 2012.
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