Final answer:
Credit disability insurance is disability insurance paid for with a credit card (option C). It provides coverage to the debtor in case they become disabled and are unable to make their credit card payments.
Step-by-step explanation:
Credit disability insurance is disability insurance that is paid for with a credit card. It provides coverage to the debtor in case they become disabled and are unable to make their credit card payments. This type of insurance helps protect the debtor's credit rating and ensures that their debts are paid even if they are unable to work due to a disability.
Credit disability insurance is a type of insurance that makes loan payments on behalf of a borrower if that borrower becomes disabled and unable to work. This insurance ensures that personal debts and loans, such as a mortgage or car loan, continue to be paid during the borrower's period of disability. It is essentially disability insurance on a debtor, which directly links to one's ability to pay off debts in the event of an unforeseen disability.