The LOCAL FCU offers you the opportunity to protect you and your family from two of life’s tragedies with Credit Life and Credit Disability Insurance Coverage. The cost for Credit Life and Disability Insurance is reasonable and will be quoted when you apply for a loan and added into your monthly payment. Certain eligibility qualifications must be met to purchase the insurance.
Credit Life Insurance
Credit Life Insurance pays the insured balance of your loan, up to the policy maximum, helping ensure that your family won’t be left with a loan obligation in the event of your death.
Credit Disability Insurance
With Credit Disability Insurance your loan payments will be made if you become disabled and miss work from sickness or accident which persists beyond the policy waiting period up to the policy maximum.
