Who is normally offered credit accident and health insurance?

Credit accident and health insurance is typically offered to the primary borrower who is actively working. This insurance is designed to cover the borrower's loan payments in the event of certain health-related issues or accidents that prevent them from earning income. The rationale behind this focus on the primary borrower is to protect the lender's investment by ensuring that the borrower can meet their financial obligations even in unforeseen circumstances.

Since this insurance is primarily aimed at covering the financial risk associated with the repayment of the loan, it makes sense for it to be offered to someone who is actively employed and therefore likely to have a consistent income. Active employment indicates that the borrower is presently capable of fulfilling the loan requirements, making them a suitable candidate for this type of coverage. In contrast, options that suggest other groups, such as only individuals under 30 years of age or secondary borrowers, would not address the primary intention of this insurance, which is to safeguard the lender's interests through the main borrower.