Life & Disability Insurance

In case of death, the outstanding loan balance will be paid off. If you are sick or unable to work, your payments will be made for you.** You can apply at any time during the term of your loan. The three standard coverages are:

• Single decreasing term life
• Joint decreasing term life
• Single disability (primary borrower only)
• Joint disability

*Conditions and guidelines to apply. **14 day waiting period applies.

The life and/or disability premiums can be added to your low loan payments. The rate is determined by the term and amount of your loan. Other benefits of payment protection:

• The cost is based on group rates
• A physical examination is not required
• Benefits are payable even when other insurances are in force
• Coverage is not tied to your employment
• Hospitalization isn't required for payment, just total disability for accident, or under a physician's care for sickness