Which of the following types of insurance policy is most commonly used in credit life insurance?

Which of the following types of insurance policy is most commonly used in credit life insurance?

Which of the following types of insurance policies is most commonly used in credit life insurance? Credit insurance is a special type of coverage written to insure the life of the debtor and pay off the balance of a loan in the event of the death of the debtor. It is usually written as decreasing term insurance.