Credit life

Pays off or reduces the eligible loan balance in the event of member’s death

Credit disability

Makes loan payment(s) up to policy maximum in the event of total disability caused by covered injury or illness

Single credit disability 

Covers loan payments if a primary income earner, who is a borrower on a loan, becomes totally disabled

Joint credit disability

Covers loan payments if dual-income earners, who are co-borrowers on a loan, become totally disabled

Protects a variety of loan types

• Consumer
• Home equity

Reduces credit union portfolio risk

Coverage protects member loans from:

• Delinquency
• Default
• Foreclosure

Creates a revenue stream

Builds member relations

• Provides member security
• Positions your credit union as a caring financial partner

Helps you serve members better

• Protects their assets and their futures
• Multiple coverage options
• Product features:
  • No war exclusion
  • “Per loan” benefit limits versus “Individual” benefit limits
  • Maximizes member benefits
  • Minimizes potential credit union risks

Gives employees an easy way to integrate credit insurance into the lending process

• Training gives employees product knowledge and advanced sales skills to uncover member needs, driving higher participation
• LOANLINER® documents incorporate the credit insurance sale right into the loan application
• Standard marketing materials and guidelines for multi-channel promotions

A proven way to grow loans and fee income

Part of the Lender Development Program (LDP). Credit unions who participate in LDP have:

• 33% greater fee income/average assets*
• 5% loan growth **

Includes access to the Lending Resource Center

This exclusive information source offers important product information, training tools, and compliance best practices.

*Subject to state regulation
**Credit unions with under $1 billion in assets; CUNA Mutual Group, LDP Data 2008

Lending Resource Center:  Exclusive online resource that houses important product information - from product basics and training to compliance best practices and product administration.

LOANLINER® Documents:  Purchase electronic LOANLINER documents to ensure compliance standards for deposit and lending documentation, disclosures and more. LOANLINER documents are designed to streamline your processes for maximum member convenience.

loanliner.com:  For greatest results, this online loan application is designed to "ask for the sale" at precisely the right point during the loan event. Using Integrated Web Calculator, your member can calculate a loan payment after Credit Insurance is added.