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Collateral safety insurance insures property held as collateral for loans made by lending institutions. Mortgage insurance insures the lender against default by the borrower. Mortgage insurance is a type of credit insurance, though the name "credit score insurance" more often is used to discuss with insurance policies that cowl other forms of debt. Kidnap and ransom insurance is designed to guard individuals and corporations working in high-risk areas all over the world in opposition to the perils of kidnap, extortion, wrongful detention and hijacking.
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