C-B-W Schools Federal Credit Union offers its members "payment protection" with Member's Choice term single or joint life insurance and credit disability insurance on their loans.
Member's Choice term life and disability insurance can:
Reduce your financial burden and protect your family.
Protect your income, your collateral and your credit rating.
Provide coverage at home and at work.
Provide peace of mind.
In the event of your death, term life insurance pays the insured balance of your covered loan, up to the policy maximum.
Should you become totally and continuously disabled by a covered sickness or accident which persists beyond the policy waiting period, your covered loan payments are protected with disability insurance.
HOW MUCH DOES IT COST?
Coverage costs just pennies a day. Premiums are calculated on the unpaid balance of your loan and added to your monthly loan payments for your convenience.
IT'S EASY TO QUALIFY. . .
To qualify for term life, you must not have reached the maximum eligible age of 65 on the date of your loan.
To qualify for disability coverage you must not have reached the maximum eligible age of 65 on the date of your loan.
You must be actively at work and regularly performing all the usual duties of a full-time, gainful occupation. Only one member may be insured for any one loan.
Eligibility, exclusions, benefits and termination provisions may apply.
SIGN UP NOW!
Applying for Member's Choice term life and disability is easy. The sooner you enroll, the sooner you'll have these important financial coverages working for you and your family. Talk to one of our friendly employees today!