Credit Protection

Protecting Your Purchase

Whenever you take out a loan, you make a number of important decisions. You decide how much to borrow. You choose the term of the loan. Another decision you will make is whether to protect your loan with Payment Protection Credit insurance.

We offer two types of Payment Protection Credit Insurance:

  • Credit Life Insurance is designed to reduce or pay off the insured balance on your loan if you die.
  • Credit Disability Insurance is designed to pay your loan payments (up to contract limit) if you become ill or disabled and are unable to work.

Protect your family’s financial security with reasonable monthly premiums and a convenient, easy application, done at the time of a loan. Your monthly premium can be included in your monthly loan payment.

For more information about Credit Life Insurance or Credit Disability Insurance, simply connect with a credit union representative or stop by one of our branch locations.

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