Finance:Credit insurance
From HandWiki
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
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![]() | Original source: https://en.wikipedia.org/wiki/Credit insurance.
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