What happens to your loans if you pass away?
in Banking, Insurance & Loans ·
Brian Kelly said:• For holders of the green American Express card,
up to $23333 in the event of permanent disability resulting from an accident exceeding 10%,
$6667 for accidental death,
up to $1667 in the event of death regardless of cause, specifically to cover expenses charged to the card
I need some advice. There was a death in my family, and my father left behind some debt. Specifically, he had been paying off a room on an installment plan via credit... What should I do now? Should I contact the bank or what? 🤷🤷🤷
To whom it may concern, everything has been settled. The insurance paid American Express, and American Express refunded the subscription to the checking account. But honestly, if you don't go looking for answers and ask questions, nothing happens.