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Our Lender Development Program can help your credit union. Learn more.

Lender Development Program

Debt protection can help your members by cancelling all or part of their debt if an unexpected event happens in their life. Learn more about how debt protection can help you and your members more ways and keep America strong.

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. Requires no insurance licensing; safeguards your loan portfolio by helping prevent loan defaults; generates member-friendly non-interest income; allows you to select the appropriate features, benefits and pricing to meet members' needs
  • Comprehensive support. Quick and collaborative implementation; product education and training; online claims submission and inquiry; $1 million indemnification protection; compliance expertise; regulatory advocacy and more
  • Offer members flexible program parameters. Election can occur any time during the loan; no need to ask health questions (although these are available); Acts of War coverage included on loss of life and disability packages; protection on loans with terms of more than 120 months; no eligibility age limits versus 66 on competitive products; 25-hour workweek minimum for eligibility versus some competitors' 30-hour requirement
  • Greater efficiency. LOANLINER® Document Solutions and loanliner.com® lending technologies can incorporate the debt protection sale into the loan application for a seamless member experience; Lender Development Program® approaches bring consistency to product offerings in each lending interaction

Don't Just Hear It From Us

Helen was responsible. She had a great job and was working hard to protect her financial future, but all of that changed when she suffered a stroke and lost her job. Thankfully, Helen protected her auto loans with debt protection through her credit union and CUNA Mutual Group. “Debt protection was my safety net. If I didn’t have that debt protection, then I’d have to decide…what’s more important—a car to find a job, or a place to live? It [debt protection] was a salvation at a time when I needed it.”
 
Helen Agnew
CU Community Credit Union

 
 

*U.S. Bureau of Labor Statistics, “Spotlight on Statistics,” June 2015. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates.

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