If you’ve ever taken out a loan, signed up for store credit, or financed a car or cell phone, chances are you’re already paying for a little-known but potentially life-saving insurance policy, without ...

Personal loan credit insurance is an optional policy that covers your loan payments in case of specific unforeseen events like unemployment, disability or death. While the coverage can be costly, it ...

Loan protection insurance could help you pay for some or all of your personal loan in certain hardship situations, such as an unexpected layoff. A major downside of loan protection insurance is the ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...