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  2. How to cancel credit cards for someone who is deceased - AOL

    www.aol.com/finance/cancel-credit-cards-someone...

    The co-owner can contact the card issuer to find out what that means for them. ... But canceling a loved one’s credit cards after their death is an important part of settling their estate, so ...

  3. Credit life insurance - AOL

    www.aol.com/finance/credit-life-insurance...

    While credit life insurance solely benefits the lender and decreases in value as the loan is repaid, permanent life insurance provides a fixed or flexible death benefit — depending on the policy ...

  4. What happens to your credit card debt after you die? - AOL

    www.aol.com/finance/what-happens-to-credit-card...

    The fate of credit card rewards after death varies by card issuer. Some companies, like American Express , may allow the executor of the estate to make a one-time points redemption.

  5. Payment protection insurance - Wikipedia

    en.wikipedia.org/wiki/Payment_protection_insurance

    Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.

  6. When You've Passed On, Who Inherits Your Credit Card Debt? - AOL

    www.aol.com/news/2013-02-19-death-inherit-credit...

    First, the Credit CARD Act of 2009 expects credit card issuers to inform an estate's executor quickly about any sums owed, and to not add fees and penalties while the matter is being settled.

  7. Long-term care insurance - Wikipedia

    en.wikipedia.org/wiki/Long-term_care_insurance

    The opposite is true for new policy sales. Some 350,000 new policies are sold each year with 84 percent being linked-benefit or life insurance policies that include an LTC benefit. [22] In the U.S., the nation's long-term care insurance companies paid out a record $11 billion in claims in 2019 to some 310,000 policyholders. [23]

  8. Terminal illness insurance - Wikipedia

    en.wikipedia.org/wiki/Terminal_Illness_Insurance

    Terminal illness insurance (known as accelerated death benefit in North America) pays out a capital sum if the policyholder is diagnosed with a terminal illness from which the policyholder is expected to die within 12 months of diagnosis by a physician who specializes in that illness or condition. The payout is still valid even if the insured ...

  9. How to protect your deceased loved one’s credit after death

    www.aol.com/finance/protect-deceased-loved-one...

    Appropriate contact addresses for notifying credit bureaus of a death are as follows: Transunion P.O. Box 2000 Chester, PA 19016. Experian P.O. Box 9701 Allen, TX 75013. Equifax Information ...

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