What is the key criteria for the primary borrower to be eligible for credit accident and health insurance?

The primary criterion for the borrower to be eligible for credit accident and health insurance is being employed full-time. This requirement is significant because the insurance is designed to provide coverage for loan payments in the event the borrower cannot work due to illness or injury. Full-time employment typically indicates a stable income source that can be insured against the risk of losing the ability to earn that income due to health-related issues.

Furthermore, credit accident and health insurance is most relevant to individuals who are actively participating in the workforce and whose income supports their loan obligations. Being employed full-time not only demonstrates the individual's capability to repay the loan but also affirms their eligibility to claim benefits under the policy in case of an unforeseen health event that disrupts their earning capacity.

In contrast, having no outstanding debts, being a homeowner, or undergoing a health assessment do not directly relate to the necessity of being part of the labor force and maintaining an income-generating status, which is paramount for this type of insurance.