Here is how it works. Say you want to have your credit card paid if you die.
They charge $1.19 per $100 of coverage. So if you have an average balance of $10,000 on your card you pay $119 per month!!!
Compare that to a term 20 $100,000 for a 45 year old male. at $28/month.
The coverage is 1/10 and the cost is FOUR TIMES the COST!!