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Do I need to pay for transportation credit card credit insurance? What does it mean?

A fee is required; the fee is 3 yuan/month/card, charged quarterly, and 9 yuan at a time

Credit insurance means that the right holder insures the credit risk of the debtor from the insurer. An insurance is an insurance product used by enterprises for risk management. Its main function is to ensure the security of corporate accounts receivable. The principle is to transfer the debtor's guarantee liability to the insurer. When the debtor cannot perform its obligations, the insurer shall bear the liability for compensation. (It is a relatively cost-effective insurance business) This value-added business can be opened according to the user's needs.