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Credit Life and Credit Disability Insurance

Credit Life and Credit Disability Insurance

There's no way you can prepare for a total disability or an unexpected death, but you can take steps along the way to help ensure your family is provided for if the unforeseen were to happen. MEMBER'S CHOICE Credit Disability and Credit Life Insurance may help pay your loan in these instances, so you or your loved ones may not have to. Enroll today in credit disability and credit life insurance, underwritten by CMFG Life Insurance Company.

How does it work?

The premium is included in your monthly payment. If you have a balance on your loan and are totally disabled due to injury, become ill, or in the event of an unexpected death, MEMBER'S CHOICE Credit Disability and Credit Life 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 anytime after that, if you change your mind. If at any point you have questions, or if your family needs to file a claim, simply contact your credit union. Once you complete the loan documents, coverage begins for eligible borrowers.

Why is it valuable?

MEMBER'S CHOICE Credit Disability and Credit Life Insurance works in two different ways. You and your family won't have to make loan payments if you're totally disabled due to an injury or medically ill. It will help pay your loan until you're fully recovered; in the event of an unexpected death, it will pay off the loan.* Savings, salary or payoffs from other life insurance may be protected, giving your family financial freedom when they need it most.

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

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3780 Vogel Road; Arnold, MO 63010|
314.962.6363 and 1.800.719.6363|
arsenalcu@arsenalcu.org