Where can I get good credit insurance?

Question

I have heard good things about One Source (http://www.onesourcerm.com/) for credit insurance. I would like to hear other peoples thoughts and opinions.

Answer 1

If by 'Credit Insurance' you mean insurance that is offered by banks or lenders, that will pay out loans, mortgages, credit cards, etc (often refered to as mortgage insurance or creditor insurance) and it's the same as what is offered in Canada...AVOID IT AT ALL COSTS!!  Buy individual term insurance from a lisensed insurance advisor who can explain the pro's and con's of ALL the products available to you, not some 'super-size your spending' offer form someone who wasn't professionally trained, liscensed, or governed by industry standards to sell insurance.

Contact an actual insurance broker that can explain how whole life, term life and credit insurance all work and can get you the best products on the market.

Answer 2

What kind of "credit insurance" do you mean?