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Payment Protection
A loan is a commitment, a promise you're expected to keep. And if you were to die or become disabled, would your family be able to keep that promise? Credit Life and Disability Insurance gives you and your family a convenient, affordable way to help keep your loan repayment promises.
Benefits Include: Premiums included in monthly loan payment, provides peace of mind, saves purchasing insurance at other financial institutions which could cost hundreds of dollars, helps protect your income, credit ratings and collateral, reduces your financial burden and protects your family. Enrollment is simple and easy with no medical exam. Choose from the following options:
Credit Life Insurance - in the event of your death, credit life insurance pays the balance of your loan, either the balance remaining or up to the policy maximum. Available in single or joint coverage.
Credit Disability Insurance - makes your loan payments (up to the policy maximum) if you were to become disabled by a covered sickness or accident which persists beyond the policy waiting period. Available in single or joint coverage.
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