Credit disability policies can be issued in all of the following forms except which?

Credit disability policies are designed to help borrowers meet their debt obligations in the event of a disability. These policies can be issued in various forms to cater to different needs and circumstances.

The correct answer highlights that credit disability policies cannot be issued as an individual variable policy. This is because individual variable policies involve investment components and flexible premiums, characteristics not aligned with the purpose and structure of credit disability policies. These policies are typically straightforward, focusing on covering specific loan payments during periods of disability rather than involving investment risks or adjusting premiums based on the market.

In contrast, individual policies, group policies, and blanket policies are all suitable forms for credit disability coverage. Individual policies provide tailored coverage for specific borrowers, group policies cover members of a particular group, and blanket policies can cover a wide range of insureds under a single policy, fitting the criteria for covering the risks associated with disability in a credit context.