Home > Products  > Lending  > Credit Insurance
a
1-800-798-0770

Protect More Loans

An unexpected hardship should never threaten your members’ dreams. Lending products help safeguard dreams. Here's how!

 

Are your members safeguarded against unanticipated financial hardships that could easily put their dreams and lifestyles in jeopardy?

Credit life and credit disability insurance for consumer and home equity loans may help create a safety net for members’ assets and savings by helping the member to avoid missing loan payments. Credit Insurance also reduces your credit union’s risk by protecting loans from delinquency, default or foreclosure – while providing you with another source of non-interest income. Learn more


 
 

Support your credit insurance program with Lender Development Program®resources that include online reports, live and on-demand training, discussion boards, job aids and more.

Find valuable product information, educational opportunities and compliant member-facing marketing materials here.


What’s in it for you? 
  • Business-building benefits. Safeguards your loan portfolio by helping prevent loan defaults; generates member-friendly non-interest income; allows you to offer the appropriate features and benefits to meet members' needs
  • Comprehensive support. Quick and collaborative implementation; product education and training; member-facing marketing materials; online claims submission and inquiry; compliance expertise; regulatory advocacy and more
  • Greater efficiency. LOANLINER® Document Solutions and loanliner.com® lending technologies can incorporate the credit insurance sale into the loan application for a seamless member experience; Lender Development Program® approaches bring consistency to offering products in each lending interaction by bringing credit union best practices to your operations
 
 
 
 

 

*PunditFact, "47% say they lack ready cash to pay a surprise $400 bill," June 17, 2015. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates.  MEMBER’S CHOICE® Credit Life and Credit Disability Insurance are underwritten by CMFG Life Insurance Company.

 

 

CDCL-968157.2-0316-0717