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Web payment protection insurance ( ppi ), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill or disabled, loses a job, or faces other circumstances that may prevent them from earning income to service. No single provider will cover all the payment methods and technologies available worldwide, so. Web depending on the insurance you can expect to pay anywhere from 20% to 70% of approved dental bills.