Credit Disability and Credit Life Insurance

Credit Life and Disability Insurance can help ease the financial burden of your loan obligation for you and your family in the event of an unexpected life event, accident or illness. This protection is offered at competitively priced rates. You decide which loan payments to protect, and the monthly premium may be added to your loan.

Credit life insurance is designed to help reduce or pay your eligible loan balance, up to the policy maximum, should an unexpected life event occur. Credit disability insurance may make your loan payment, up to the policy maximum, if you become totally disabled due to a covered sickness or accident. There’s no way to predict an injury, illness or your unexpected life event, but you can take steps along the way to protect your family if the unforeseen happens. Credit Disability and Credit Life Insurance does just that.

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 credit or the 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 Group Policy for a full explanation of the terms.