Credit Life & Credit Disability

Life & Disability Insurance – Added service for loans

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We all have a plan when it comes to buying a home, paying for your kid’s college, or even retirement. But most people don’t plan for death, injury, or illness to impact their future income and earning potential. We understand how important it is to protect our assets and family is one of the most important assets that we have. We offer both Credit Life and Credit Disability insurance.

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When it comes to insurance, oftentimes we think we already carry enough of it but have you ever asked yourself this question: “Could you and your family maintain without your income?”

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More often than not, the answer is probably no.

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Electing optional payment protection could help provide for your family during a time when they need it most! Whether you’re taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because life happens.

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Make sure to talk to your lending professional today about planning for the unexpected.

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Life Insurance Eligibility

• Age max – 70 years old

• Total benefit max per disability – $30,000 per loan

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Disability Eligibility

• Age max – 66 years old

• Benefit max – $30,000 per loan

• Monthly benefit max - $600 per loan

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*Your purchase of MEMBER’S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company (Home Office: Waverly, IA), 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. Base Policy Nos. CI-MP-POL, CI-SP-POL, B3a-830-0996, B3a-800-0695, B3a-800-0288, CI-MP-CE-POL; CI-MP-OE-CC-POL; CI-MP-OE-POL; B3a-800-0992. 

CDCL-3874293.1-1021-1123