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Difference between revisions of "Credit Insurance"
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== Client problems== | == Client problems== | ||
* | *Client is being offered, or asked to buy, some form of insurance as part of a credit transaction. | ||
* Client thinks they have a claim on an insurance policy with a creditor, but the creditor is refusing to pay. | *Client thinks they have a claim on an insurance policy with a creditor, but the creditor is refusing to pay. | ||
== Summary of the law== | == Summary of the law== | ||
[[File:Consumer_Law_and_Debt_-_Credit_Insurance.jpg|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.istockphoto.com</span>]] | |||
The principles of insurance law are beyond the scope of this publication. However, there are a few instances where advocates may encounter insurance issues related to consumer transactions, particularly insurance for consumer loans or mortgages. | The principles of insurance law are beyond the scope of this publication. However, there are a few instances where advocates may encounter insurance issues related to consumer transactions, particularly insurance for consumer loans or mortgages. | ||