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Loan insurance

Recording credit life and other cover on loans.

3 min read · Updated 1 Nov 2026 · Page 43 of 64

WhereLoan insurance
WhoLoan officers, managers

Record the insurance cover attached to a loan — usually credit life, which repays the loan if the borrower dies.

FieldRequiredWhat it means
LoanrequiredThe insured loan.
Provider namerequiredInsurer.
Policy numberoptionalPolicy reference.
Premium amountrequiredPremium charged.
Coverage amountoptionalSum insured.
Start / end datestart requiredCover period.
NotesoptionalExclusions, claim contacts.

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