What Is Credit Life And Disability Insurance? 
What is it ??? A RIP OFF ... usually . If you trigger a benefit , the payout goes to the `` lender '' ... NOT your family . Do n't get in the position to where you have to ask if it 's good or not ... BUY disability & life insurance NOW ... You will die one day . . Yet along the way you are most likely to suffer a disability or critical illness that puts you out of work for months , or years , before you pass away form the situation . If you pass away at all form it . If you have a tight budget , there are plans available in many states that are a Life/Disability/Critical Illness `` All in one Policy '' . It is most often better to have standalone plans -LRB- better benefits for disability & critical -RRB- , yet the all helps cover all your bases to SOME LEVEL ... I remember when I played High School basket ball & the very first Air Jordan 's came out . EVERY KID wanted them . Yet my family could n't afford them . Did I give up , quit the team , all because I did n't have `` Air Jordan 's '' ... NO . My parents bought `` something '' ... & I STILLWAS A STARTING FORWARD my senior year . Point is ... when you need insurance , get something even if what you WANT is n't within reach . Only buy Credit `` whatever '' if you have no other means of securing standalone individual life/disability/critical insurance . - gravy 