Whether you have credit card debt, personal loans, online or point-of-sale loans, protect your finances with Mully, an easier, faster and cheaper alternative to obtaining credit insurance.



it's a scary word with scarier consequences 

But now MULLY is here

to be your safety net to manage debt so you can stress less!

This is how credit insurance works and how MULLY can help!

MULLY provides affordable, easy-to-obtain credit insurance to protect your loans so you can leave the scary stuff for Halloween and continue to make those exciting life plans stress-free.  

Because managing your personal finances shouldn't be scary and protecting your loans should be as intuitive as protecting your house, your car and your smartphone

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What is credit insurance?

 Credit insurance protects you from default by paying off your debt in the event of death, disability or involuntary unemployment while keeping your credit score intact.

There are several types of credit insurance but the three most common are:

  1. Credit Life Insurance

  2. Credit Disability Insurance

  3. Credit Unemployment Insurance

How it works

Step 1.

Tell us about you and the loan you want to protect

Step 2.

Select your coverage

Step 3.

Apply and get coverage

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million of credit life and accidental & health direct losses were incurred in 2020. (Credit Life Insurance and Credit Accident & Health Insurance Experience 2016 – 2020 )


of Americans have debt (The Pew Charitable Trusts 2015). 70% of Americans believe debt is a necessity in their lives, though would prefer not to have it. At the same time, a similar rate, 68% of Americans believe loans and credit cards have expanded their opportunities. (The Pew Charitable Trusts 2015)


of Americans have bad credit defined as having a FICO score of between 300 - 579. The common causes of bad credit include late payment of bills, bankruptcy filing, charge-offs and defaulting on loans. (Experian 2019, CFI) 


was the unemployment rate in April 2020, during the the beginning of the Pandemic. The unemployment rate decreased to 6.1% in April 2021, but is still almost double when compared to thee 3.5% in February 2020, before the Pandemic. (Congressional Research Service 2021) 

...now that I know what credit insurance is, do I need it?

MULLY exists to help you manage your personal financial situation. Credit insurance is meant to be the option to empower you to control your loans and live the life you want to live.

With that said, credit insurance may not be right for everyone or for every loan, but the numbers suggest it's better to be safe and minimize the risk.

If you have loans that you want to protect, give us a try! 


Is credit insurance required for me to take on a loan?

No it is not. Credit insurance is 100% voluntary and it is illegal to force you to purchase one in connection with any loan. 


Do I need credit insurance?

It depends. Most people may have a life insurance policy that would provide a similar protection in the event of a death. But credit insurance protects you from other unexpected events like involuntary unemployment, disability, including death, events that make it difficult for someone to pay back their loans on time. 

Why do I need credit insurance?

Much like with other types of insurance, credit insurance protects you when something unexpected happens. You purchase insurance for every major financial decision like buying a house, buying a car, renting an apartment, starting a business, even going to the doctor. So we thought, why not insurance for your everyday financial decisions? That's why we created MULLY, to minimize your exposure to risk and help you continue to live your life with minimal stress. Credit insurance also has an added benefit of keeping your credit score intact in the event of an unexpected situation.

I'm interested, how can I find out more?

We are still building out the MULLY offering please sign up for the waitlist!

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