Overview

Oftentimes, people don't plan to fail, they fail to plan. Give members the opportunity to plan for their future, achieve their dreams, and protect themselves and their families from unforeseen events with CUNA Mutual Group's Credit Life and Disability Insurance. These insurance plans provide loan-specific coverage to a wide range of members with the fewest possible eligibility and enrollment requirements. 

MEMBER'S CHOICE^® Credit Life is a voluntary group coverage that reduces or pays off a member's loan balance, up to the policy maximum, if the borrower or covered joint borrower dies. It helps members preserve life insurance benefits for living expenses, not for paying off debts.

MEMBER'S CHOICE^® Credit Disability is a voluntary group coverage that makes monthly loan payments up to the policy maximum should the member become totally disabled. Payments continue until the member is no longer totally disabled, dies or the loan is paid off.  

Advantages for your credit union:

• Increases fee income opportunities and improves the credit union's bottom line 
• Reduces delinquencies, charged-off loans, and collection costs
• Strengthens member relationships 
• Liberal eligibility criteria means most members qualify for protection    

Advantages for your members:

• Protects members and their families from financial burdens 
• Protects the family's collateral and credit rating
• Insurance premium is included in the loan payment
• Simple, convenient enrollment...no health questions are asked 

Convenient Online Support Tools:

Take advantage of these powerful online tools to efficiently manage your credit insurance program.

• Credit Claims Online: Provides full service claim processing at the touch of your computer.
• Lending Resource Center: Offers you a comprehensive and timely way to stay on top of key lending and compliance issues and a variety of resources to improve your lending performance.  
• MEMBER'S CHOICE Premium: Provides the ability to submit premium payments, apply for single premium refunds, view premium detail history electronically, and much more. 
   

Take the next step: 

• Call your CUNA Mutual Sales Executive at 1-800-356-2644.