Personal Property

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Personal Property single interest or dual interest credit insurance (where collateral is not a motor vehicle, mobile home, or real estate) that covers perils to goods purchased or used as collateral and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part; or covers perils to goods purchased in connection with an open end credit transaction. What is Personal Property , What does mean Personal Property , Insurance Guide, Insurance Glossary

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