団だん体たい信しん用よう生せい命めい保ほ険けん

noun

group credit life insurance; creditor's group life insurance

A type of life insurance where a group of borrowers (e.g., mortgage holders) are covered, and the lender is the beneficiary. Common in housing loans.

• 住じゅう宅たくローンを組くむとき、団だん体たい信しん用よう生せい命めい保ほ険けんに加か入にゅうする必ひつ要ようがある。

  When taking out a mortgage, it is necessary to join group credit life insurance.