Enjoy more favorable rates and terms when you secure your loan with collateral such as your Savings Account, Share Certificates, or stock.

Credit Life and Disability Insurance

Your unexpected disability or death can affect your household's income level and change your family's standard of living in an instant, making household financial commitments difficult to meet.  Coping with your disability or death can be emotionally and physically stressful for your family.  Struggling to make loan payments on a reduced or lost income is another heavy burden your family shouldn't have to bear.  When you choose to protect your loans with MEMBER'S CHOICE® Credit Life and Credit Disability Insurance, you're planning for your family's financial future.*

With payment protection like MEMBER'S CHOICE Credit Life Insurance, if you pass away and your claim is payable, your eligible loan balance is reduced or paid off.  With MEMBER'S CHOICE Credit Disability Insurance, if you're disabled due to injury or sickness, your loan payments will be paid until you're no longer disabled, your loan is paid, or you reach the policy maximum.*

The benefits of MEMBER'S CHOICE payment protection:

• Simple and quick enrollment - on your enrollment document, choose the credit insurance you prefer

• Immediate coverage - when the loan closes, you're covered

• Easy payment  - premium is included in monthly loan payment

• Financial security - coverage reduces or pays off your loan balance in the event of death or makes loan payments in the event of disability

• Peace of mind - know that your family won't struggle to make loan payments

• Complements existing insurance - credit life and credit disability insurance covers your loan payments so other funds can be used to care for your family's day-to-day expenses

• Maintains family's living standard - loan payments are made so family assets and savings are preserved

 *Be sure to read the Credit Insurance Application and Certificate of Insurance which will explain the exact terms, conditions and exclusions of the policy.  Eligibility requirements including age maximums, working requirements and health questions may apply.  Also, benefits may be subject to a waiting period.  The policy may include maximum coverage or benefit amounts and/or durations.  Exclusions for pre-existing conditions, normal pregnancy, intentional injury, air travel and/or atomic explosions may apply.