Credit Life & Disability Insurance
MEMBER’S CHOICE® Life & Disability Insurance is designed to cover loan payments in the event of death or total disability. This provides an extra layer of coverage for families facing the disabling illness, injury or death of a covered wage earner.
Benefits
- Death benefit pays the balance of the loan up to $50,000
- Disability insurance covers the actual payment of a loan up to $850 per month to a maximum of $50,000; payments begin 30 days after the borrower becomes totally disabled
Please contact a Prairieland FCU loan officer for more information at 862-1838 X122 or toll-free at 877-371-1211.
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® credit life and credit disability insurance, underwritten by CMFG Life Insurance Company, is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Policy Agreement for a full explanation of the terms.
CDCL-0112-3D00
