Which type of insurance is included under Limited Line Credit Insurance?

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Limited Line Credit Insurance specifically pertains to certain types of insurance policies that are associated with credit and financing. This includes protections related to loans and credit agreements. Mortgage Disability Insurance fits this definition as it provides coverage that pays a borrower's mortgage payments if they become disabled and are unable to work. This type of insurance directly supports the mortgage loan, demonstrating a clear connection to credit protection.

Other types of insurance mentioned do not fall under the scope of Limited Line Credit Insurance. Health Insurance, for instance, covers medical expenses, and while integral to personal finance, it does not directly relate to any credit obligations. Homeowners Insurance protects the physical structure and possessions against risks but is not specifically tailored to the requirements of credit. General Liability Insurance offers protection against claims of bodily injury and property damage but again is not tied to finance in a way that Limited Line Credit Insurance is. Thus, Mortgage Disability Insurance is the option that aligns correctly with the definition of Limited Line Credit Insurance.

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