Answer:
Answer by Dan Persfull: That will depend on the insurance company that you have contracted with to underwrite your credit insurance.
Check your contract and/or contact the insurance company.
Answer:
Answer by David Dickinson : Only if a lender is willing to offer it. When you consider the tiny premium that results from the short term of most SP notes, there's almost no profit potential for a lender. Considering the cost of gearing up for and managing this new type of product offering, the case for getting into this business is very weak.
First published on BankersOnline.com 3/27/06