Credit Life Insurance
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
A type of insurance purchased by a borrower to pay off the mortgage debt if the borrower dies while the policy is in force.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 10–13
FTC
Updated 2026-08-01
A type of insurance that pays off a specific amount of debt or a specified credit account if the borrower dies while the policy is in force.
FTC Real Estate Terms
FTC · pp. 4–5
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