All > Business > Finance > Personal Finance
A type of insurance, also known as accident and health insurance, that makes payments on the loan if you become ill or injured and cannot work. Preexisting conditions may limit your ability to receive payments. CDI is optional coverage.
- Browse Related Terms: Car insurance, Catastrophic illness insurance, claim, Credit Disability Insurance (CDI), Deductible, Exclusion, Homeowner's insurance, Indemnity insurance, Insurance (Hazard), Named perils policy, Participating policy, Policyholder or policy owner, Pre-existing Condition, Preferred Risk Policy (PRP), Rider