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  2. 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.

  3. Collateral protection insurance - Wikipedia

    en.wikipedia.org/.../Collateral_protection_insurance

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

  4. What is collateral insurance and how does it work?

    www.aol.com/finance/collateral-insurance-does...

    Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...

  5. Guaranteed asset protection insurance - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_asset...

    Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay), and what the borrower owes on the loan if the car is totaled or stolen.

  6. What is full-coverage car insurance? - AOL

    www.aol.com/finance/full-coverage-car-insurance...

    It can help cover both your vehicle repairs and medical payments. Gap insurance. If you still owe money on your car, this pays the difference between what you owe on your car loan and what your ...

  7. Credit card protection: What is it and is it worth it? - AOL

    www.aol.com/finance/credit-card-protection-worth...

    But there’s another kind of credit card protection that comes with its own price tag: credit card protection insurance, which may also be known as “payment protection,” “credit shield ...

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