Credit Disability Insurance

What Is MEMBER'S CHOICE® Credit Disability Insurance?

It’s a way to help cover you and your family. There’s no way anyone can prepare for a total disability due to injury or a medical-related illness, but you can take steps along the way to make sure your family is provided for if the unforeseen were to happen. MEMBER’S CHOICE Credit Disability Insurance helps pay your loan when you and your family need it most.

How Does It Work?

The premium is included in your monthly loan payment. If you have a balance on your loan at the time of a total disability, MEMBER’S CHOICE Credit Disability Insurance can help. By taking a few simple steps while signing your loan paperwork, you’re helping take responsibility for your family’s financial future. Your loan officer can show you how. You won’t receive extra bills or statements; everything is included in your monthly payment.

You can cancel within the first 30 days for a full refund. Or any time after that if you change your mind. If at any point you have questions, or if you need to file a claim, simply contact your credit union. Once you complete the loan documents, coverage begins for eligible borrowers.

Why Is It Valuable?

You and your family won’t have to make loan payments – MEMBER’S CHOICE Credit Disability Insurance will help pay your loan while you’re totally disabled.* Regular disability insurance typically only covers a fraction of your salary and that’s if you qualify. It’s a safety net for your family so they don’t have to use savings while you’re totally disabled.

Contact Us for more information, or to enroll today!

*Per terms of your contract agreement; up to your policy maximum.

Be sure to read the Credit Insurance Application and Certificate of Insurance which will explain the exact terms, conditions, and exclusions of the policy.

Only a licensed insurance agent may provide consultation on your insurance needs. This is a voluntary insurance product. Your financing outcome is not based on your selection of this product. Claims may be filed electronically via Claims Online at www.cunamutual.com or by completing a Disability Claim Notice available at your credit union.

MEMBER’S CHOICE Credit Disability Insurance is underwritten by CUNA Mutual Insurance Society.

CDCL-0611-0369