Credit Loan Insurance

Insurance To Protect You & Your Family…

Life can be wonderful!  But it can also get complicated when unexpected things happen.  Protecting your loan payments against death, disability, or involuntary unemployment could help protect your financial situation.

This protection could cancel your loan balance or payments up to the contact maximums.  Protect your loan payments today so you can worry a little less about tomorrow.

Purchasing protection is voluntary and won’t affect your loan approval.  It’s simple to apply too!  Just ask your Loan Officer about eligibility, conditions, or exclusions.*

*Refer to the member agreement for a full explanation of terms and conditions.

 In the event of… Death Disability Involuntary Unemployment
 What Happens… Protected Borrower Passes Away A covered disability occurs during injury or illness A covered job loss occurs
 It cancels this… (Up to the contact maximums) Your payments or loan balance Your loan payments Your loan payments
 You may be eligible if you… Have an eligible loan Are a permanent employee who is actively working.*

Are a permanent employee who is actively working.*

Are honorably discharged.

New & Used Vehicle GAP Insurance…

If your vehicle is stolen or damaged beyond repair, your insurance company may only pay what your new or used vehicle is worth, not your total loan balance. That makes you responsible for the difference. A financial position you don’t want to be in.

The peace of mind solution is MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP). It’s an insurance policy that helps cover the difference between your vehicle’s value and your loan balance. It’s affordable too. In fact, you have the option to include the cost of the coverage in your monthly loan payment. For the complete policy terms, call or visit the credit union.

*CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, its subsidiaries and affiliates. Your purchase of MEMBER’s CHOICE Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company, is optional and will not affect your application for creditor terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Policy Agreement for a full explanation of the terms.

To submit your current homeowners or auto insurance…

It’s easier than ever to submit your insurance on your current auto or home loan.  Just click the link here and submit it to us.  It’s that easy!

 

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