Payment Protection
Enrollment is easy. Visit with one of our loan officers today.
Credit insurance can help
ease financial concerns for you and your family if the unexpected occurs.
- More than one-third (35%) of all households would experience adverse financial effects within a month if a primary way wage earner died.[1]
- One in four 20-year-olds can expect to miss a year of work due to a disability before retirement.[2]
Safeguard your family
Credit insurance helps meet the gap between the coverage you need and any life or disability insurance you may have.
Credit life insurance
Designed to reduce
or pay off the insured balance of your loan if you die.
Credit disability insurance
Designed to pay
your loan payments (up to the contract limit) if you become disabled due to
illness or injury and are unable to work.
How you could benefit
- Protection — Helps reduce the financial burden on your family in the event of your disability or death.
- Convenience — Done at the time of loan application.
[1] LIMRA, 2018 Insurance Barometer
[2]
Council for Disability Awareness, Disability Statistics, 2018