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CUNA Mutual Insurance

Sign up for Credit Life and Credit Disability Insurance from CUNA Mutual Insurance Society when you sign for your loan.

As a credit union member, you and your family can have the valuable financial protection you need when you take out a loan.

Premiums for the coverage you select are reasonable. In fact, when you compare the cost of credit life and credit disability insurance with the benefits offered, you'll find the coverage well worth it.

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

Plan Benefits

It's reassuring to know that not only your family can be financially protected, but also your credit rating, your collateral and your income can be protected with credit life and credit disability insurance.

In the event of your death, credit life insurance pays the insured balance of your loan, up to the policy maximum.

Should you become totally and continuously disabled by a covered sickness or accident which persists beyond the policy waiting period, your loan payments are protected.

How much does it cost?

Coverage costs just pennies a day. Premiums can be added to your monthly loan payments for your convenience.

It's easy to qualify...

To qualify for credit life, you must not have reached the maximum eligible age on the date of your loan.

To qualify for credit disability:

  1. you must not have reached the maximum eligible age on the date of your loan,
  2. you must be actively at work and regularly performing all the usual duties of a fulltime, gainful occupation, and
  3. only one member may be insured for any one loan.
Eligibility, exclusions, benefits, and termination provisions vary according to your credit union's master contract which is controlling in all instances. Be sure to consult a loan officer at your credit union for complete details.

Your credit union has chosen a reputable provider

For sixty years, CUNA Mutual Insurance Society has been protecting credit union members with more credit life and credit disability insurance than any other company in the world. Today, CUNA Mutual provides more than $76 million in coverage for credit unions and their members in 59 countries around the world.

 

 
 
 
 


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