Credit Insurance in case of death

[credit_junkie87 10]

I'm told my credit insurance will pay off the entire balance on my cc in case I die... Why would I care if I'm dead?

Can they garnish from my bank accounts and estate?

[ctmgr 10]

If you have life insurance, you don't need credit insurance.

However,if you don't have life insurance, if you should die they would probate your estate and liabilities would be paid by the sale of assets.

[Recovering Attorney 78]

Your debts don't go away just becuase you die. Your creditors get paid before your heirs. If you don't have a spouse or kids, maybe you don't care. But if you do, you may want to protect them with insurance. Last time I looked, term life was a cheaper alternative to credit insurance.