A loan is a commitment, a promise you're expected to keep. And if you were to die or become disabled, would your family be able to keep that promise?

Credit Life and Credit Disability Insurance from CUNA Mutual Insurance Society gives you and your family a convenient, affordable way to help keep your loan repayment promises.

Plan Benefits
The basic plans are easy to understand. In the event of your death, credit life insurance pays the balance of your loan, either the balance remaining or up to the policy maximum, whichever is less.

Credit disability insurance makes your loan payments (up to the policy maximum) if you were to become disabled by a covered sickness or accident which persists beyond the policy waiting period.

Credit life and credit disability insurance can:

• Reduce your financial burden and protect your family.


• Protect your income, your collateral and your credit rating.


• Provide coverage at home and at work.


• Provide peace of mind.

How much does it cost?
You can assure that your loan promises can be kept for just pennies per day. Premiums can be added to your monthly loan payments for your convenience.

To qualify for credit life:
You may not be older than the maximum eligible age when you take out your loan.

Do I need credit life protection?
Fill out the Life Protection worksheet and find out. This excercise will help you determine if you have adequate financial resources to maintain your family's lifestyle in the event of your death. If there is a gap between what your family will need and current coverage, you may want to consider MEMBER'S CHOICE Credit Life.

To qualify for credit disability

1. You may not be older than the maximum eligible age when you take out your loan,


2. You must be working and regularly performing all the usual duties of a full-time, gainful occupation, and


3. Only one person may be insured on a given loan.

Do I need credit disability protection?
Fill out the Disability Protection worksheet and find out. This excercise will help you determine if you have adequate financial resources to maintain your family's lifestyle if you become disabled. If there is a gap between what your family will need and current coverage, you may want to consider MEMBER'S CHOICE Credit Disability.

Eligibility, exclusions, benefits, and termination provisions may vary according to your credit union's master contract which is controlling in all instances. Be sure to consult a loan officer for complete details.

Apply every time you take out a loan
Credit Life and Credit Disability insurance give you a convenient, affordable way to keep your loan repayment promises. Whether your taking out a new loan or covering an existing loan, credit life and disability insurance are easy to add.

Every time you take out a new loan, consider your family and how important this coverage may be to them. Talk with your loan officer for more information.