Single, joint, decreasing, net pay, and level term available where applicable. Credit Life Insurance pays off the insured debt (up to the policy limit) as of the date of death; Credit Disability coverage provides a monthly benefit for the borrower’s loan payment (up to the policy limit) with a choice of waiting periods and either retroactive or elimination coverage.
Life Insurance that covers the balance on a revolving credit account (up to the policy limit) as of the date of death; Disability Insurance coverage provides a monthly benefit of the insured debt (up to the policy limit) during a covered disability.
A voluntary policy providing coverage for loss of a limb or eyesight resulting from an injury or death by accidental means (may not be available in all states).
Coverage for the excess outstanding indebtedness (subject to limits and exclusions) over the Primary Insurance carrier’s benefits that may occur in the event of a Total Loss to a collateral asset.
Financial Insurance & Risk Management Services, LLC.
Founded in 1979, FirmServ has grown from a small regional provider to a nationwide leader in insurance tracking and protection solutions.
