Credit shield insurance is a special type of insurance provided these days by credit card companies.
Every individual is insured to a certain sum based on his credit limit and repayment capacity.
Let us say Mr. X has a credit limit of Rs. 1 lac and he uses an average of Rs. 5000/- rupees in his credit limit every month.
ABC bank that provides the credit card provides the credit shield insurance through an insurance provider with the following clause.
Life insurance to X for Rs. 5 lacs
Purchase protection for X till Rs. 50,000/-
This would involve a fixed monthly charge of Rs. 50 per month and then 0.1% of purchases made every month.
Assuming X makes a purchase of Rs. 10000/- this month then his bill would be Rs. 10060/- (10000 + 50 + 10)
50 monthly insurance charge
10 purchase protection @ 0.1% of outstanding
Assuming something happens to Mr. X and he expires before paying the bill then ABC bank would contact the insurance provider and then collect the Rs. 10000/- that he owes them and also collect the Rs. 5 lacs life insurance and settle it to Mr. X's family.
This is credit shield insurance.
Business credit insurance is a type of insurance that is purchased by businesses selling to other businesses of open credit terms. Business credit insurance guarantees against their business having excessive losses due to their customers inability to pay for goods or services purchased on credit. It is sometimes calledaccounts receivable insurance or trade credit insurance. This should not be confused with consumer credit insurance (e.g. credit life) which is purchased by consumers.
credit life insurance
One can buy business credit insurance from a number of companies. TD Insurance, Coface UK, and Hiscox all offer business credit insurance where one can apply online.
Debit
Joint credit life insurance is money paid to you or your spouse if either of your are ever arrested on drug charges.
I have tricare medical insurance. I want to cancel my blue shield medical insurance. How do I go about doing it? I have tricare medical insurance. I want to cancel my blue shield medical insurance. How do I go about doing it? I have tricare medical insurance. I want to cancel my blue shield medical insurance. How do I go about doing it?
Blue cross and blue shield do offer dental insurance.
Most hospitals do accept Blue Cross Blue Shield insurance. Blue Cross Blue Shield insurance is known by hospitals all around the world.
Arthur Levi has written: 'Credit insurance' -- subject(s): Credit Insurance, Insurance, Credit
Business credit insurance is a type of insurance that is purchased by businesses selling to other businesses of open credit terms. Business credit insurance guarantees against their business having excessive losses due to their customers inability to pay for goods or services purchased on credit. It is sometimes calledaccounts receivable insurance or trade credit insurance. This should not be confused with consumer credit insurance (e.g. credit life) which is purchased by consumers.
Blue Cross Blue Shield is private insurance that is offered by a person's employer or out of pocket.
Commercial credit insurance is often purchased by companies to ensure payment of credit which a company has credit with. There are many insurance companies who specialize in credit insurance. Some include Allianz and Atradius. The best way to obtain and use trade credit insurance is through a specialized broker.
Insurance companies that offer health insurance policies include AARP, Blue Cross, Blue Shield, Green Shield, Health Spring, Medical Mutual, and Golden Rule Insurance.
credit life insurance
Blue Shield offers many advantages over other health insurance companies. Some of the benefits of Blue Shield are it's competitive pricing and high quality insurance plans.
Currently there is no age limit to apply for Blue Cross Blue Shield Insurance. There are age limits for minors who are still on their parents insurance.
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