For Credit Union Members

You need a loan. But when high street banking or less reputable providers aren't the options you need, what do you do? Thankfully, there is a better way to borrow. When you take out a loan from your credit union, it's safe, secure, guarantees great rates, and includes the added protection Insurance...all at no extra cost!

When you are a member of a Credit Union, your savings and loans are insured through CMFG Life Insurance Company, giving you more security than any other lending institution. You and your beneficiary are guaranteed double protection in case of death or total or permanent disability.

Loan Protection Insurance

Our Loan Protection package is designed to be a safety net for Credit Union members. It pays the outstanding balance on your loan if you die or become totally or permanently disabled. The purpose of this coverage is to provide protection and peace of mind for the member, the member's family and the co-makers against the burden of any unpaid loans upon the total or permanent disability or untimely death of the borrowing member.

This benefit is available to all credit union members under the age of 70.

Special Features

  • Pays insurable balances of deceased members up to age 70.
  • Service is offered at no additional cost.
  • The maximum loan and duration of coverage is determined by your Credit Union's Loan Protection contract limit.
  • Total and Permanent Disability is covered if the disability started before age 60.
  • Your loved ones won't be left with the added burden of loan repayment... It's part of the privilege of being a Credit Union member!

Life Saving Insurance

Adding security, No worries.

As an added benefit to you, and no extra cost, we also top up the legacy you leave your loved ones upon your death, Life Savings Insurance, as we call it, provides you with insurance that increases with your saving in the Credit Union. We automatically insure your nest egg so you and your family can feel safe in the event of death or dismemberments. This package offers reassurance and security in what often seems to an uncertain future. It's just another benefit of being a Credit Union members..

Contract limits vary from Credit Union to Credit Union.

Special Feature

  • The more you save, the more insurance you have.
  • You are insured in the event of death (natural or accidental) or dismemberment.
  • Service is offered at no additional cost.
  • The maximum coverage is subject to your Credit Union's contract limit.

We double your money if you die***

To many, a lump sum on bereavement can be most welcome, especially when the amount you've managed to save is doubled and passed on to your family. We know it won't take away the pain, but it will certainly help the financial strain. Just for once, peace of mind that doesn't come at a price

Insurance Available at No Direct Cost:

Your savings work harder with your Credit Union, Start saving now and you'll spend less time worrying about the future. Once more, we make sure you get the most out of your money!

Talk to your Credit Union today..