Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• PAYMENT PROTECTION INSURANCE
  
  A form of life insurance that pays a lump sum toward the Wells Fargo Personal Loan or Line of Credit upon the death of the borrower or co-borrower. Also, disability insurance for the primary borrower that pays monthly benefits toward the loan or line payment when life insurance is also purchased.
  
  Back