What signifies the beginning of coverage in credit insurance?

The beginning of coverage in credit insurance is significant because it is tied to the debtor's obligation. This means that coverage starts when the individual takes on a loan or credit obligation that the insurance is meant to protect. The purpose of credit insurance is to ensure that if the debtor defaults on their payments due to unforeseen circumstances, the insurance will cover those payments, thus the coverage must align with the date the obligation is incurred.

The other options do not accurately reflect when coverage begins. The date of the policy issuance refers to when the insurance contract is issued, which may not coincide with the debtor's actual obligation. Similarly, the signature of the debtor or the credit approval date might occur before or after the obligation itself is established, therefore they do not govern the start of coverage. The critical point is that credit insurance is designed to protect the payments related directly to the obligation that the debtor has entered into.