Credit life insurance pays off a specific debt (typically a mortgage or auto loan) at the borrower’s death, with the face value declining as the loan balance amortizes. It is sold at loan closing because that is the moment of maximum agent leverage, and it is priced substantially above standalone term for the same coverage. The right answer is to skip the credit-life pitch and increase your standalone term coverage by the loan balance instead — the same protection for a fraction of the cost, paid to your beneficiaries rather than the lender, and not tied to a particular loan.